I've been looking at this stock for a while now but it's been too high. With this recent tumble, what's a good price to buy in?
AC.B - Air Canada
- Last Updated:
- Sep 13th, 2023 11:19 pm
Tags:
- SCORE+4
- togose
- Newbie
- Nov 29, 2013
- 18 posts
- 1 upvote
- ItechJester
- Deal Addict
- Mar 27, 2007
- 2721 posts
- 705 upvotes
- yp_1
- Sr. Member
- Nov 28, 2010
- 979 posts
- 176 upvotes
- Toronto
Then do what?ItechJester wrote: ↑I'm gonna buy a bunch tuesday morning. sit on it for 6 months
- Skratch
- Newbie
- Jan 1, 2008
- 57 posts
- 7 upvotes
- Edmonton
Let it drop, not a good time to buy into this, dont be fooled by its quick rise thinking this is temporary drop.
- yp_1
- Sr. Member
- Nov 28, 2010
- 979 posts
- 176 upvotes
- Toronto
- Pho6
- Sr. Member
- Oct 16, 2008
- 997 posts
- 182 upvotes
- Toronto
This analysis seems to think otherwise - that Air Canada has some incredible upside potentials.
http://seekingalpha.com/article/2028281 ... -the-north
http://seekingalpha.com/article/2028281 ... -the-north
- yp_1
- Sr. Member
- Nov 28, 2010
- 979 posts
- 176 upvotes
- Toronto
Does anybody know what is happening today?
- Pho6
- Sr. Member
- Oct 16, 2008
- 997 posts
- 182 upvotes
- Toronto
- RiCHC3
- Deal Fanatic
- Mar 31, 2007
- 5069 posts
- 3306 upvotes
Eh, personally I think the dump was a huge overreaction.
- AtlsNBP
- Deal Addict
- Jan 20, 2014
- 2643 posts
- 733 upvotes
- Ottawa
March break?
- ricemerchant
- Newbie
- Nov 24, 2013
- 2 posts
- 2 upvotes
- WINNIPEG
Hello, new here just wondering why AC.B is the thread title versus AC.A?
- Jon Lai
- Deal Expert
- May 30, 2005
- 49008 posts
- 10301 upvotes
- Richmond Hill
AC.A are for foreign investors, AC.B are for Canadians.ricemerchant wrote: ↑Hello, new here just wondering why AC.B is the thread title versus AC.A?
- Jumgirl
- Jr. Member
- Jan 21, 2014
- 100 posts
- 2 upvotes
Up ~20% over what? Just sold half of my shares a week ago..
- xxfirexx23
- Newbie
- Oct 6, 2008
- 28 posts
- 1 upvote
Company stated profits will be similar to last years quarter instead of a shortfall
I exited my position because I am still a little skeptical but if they can continue to cut costs and increase profits the next few quarters the stock can easily pick up to previous levels.
I exited my position because I am still a little skeptical but if they can continue to cut costs and increase profits the next few quarters the stock can easily pick up to previous levels.
- 2004acura
- Jr. Member
- Apr 23, 2012
- 155 posts
- 5 upvotes
- Edmonton
owned it since the big drop in feb
it sure has its up and downs
but still very cheap when compared to us airlines
patience well deserved!
it sure has its up and downs
but still very cheap when compared to us airlines
patience well deserved!
- Guest13384726
- Deal Addict
- Sep 9, 2010
- 4863 posts
- 3538 upvotes
- Burnaby
+26% today, quite a jump in a single day ($5.77-->$7.31) Perhaps due to news of AC having finished deal with Boeing and good reviews about occupancy of cramped seating arrangements (the new standard at AC). It seems their gamble about slim, tight seating is paying off.
- belfour
- Deal Guru
- Dec 30, 2004
- 13095 posts
- 883 upvotes
- Toronto
I'm still holding on to these stocks.... looking good so far. (currently up 60% from when I bought them)
- sqrl
- Deal Addict
- Feb 16, 2009
- 1003 posts
- 183 upvotes
This stock seems to be explosive right now. I'm itching to pull the trigger but I don't understand why it's going up.
- ItechJester
- Deal Addict
- Mar 27, 2007
- 2721 posts
- 705 upvotes
So it's been 6 months and i sold my position today.... bought it around $6.... sold today mid-day before the big drop.ItechJester wrote: ↑I'm gonna buy a bunch tuesday morning. sit on it for 6 months
Up 65% in 6 months.
- ACMaverick
- Newbie
- Jan 14, 2013
- 10 posts
- Toronto
Future looking bright again for air Canada, look for a big jump here next month, the contracts with employees are being ratified for 10 years, and they will post profit from last year in Feb. Air Canada will most likely double last years profit. Great time to buy as the stock plumits on fear. With contracts out of the way, and fuel prices dropping, profits should soar! Anyone who followed the last time I said to buy, would have made excellent profits! Time to listen again!
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