I bet it all twice. Had 40,000 shares between 2 accounts at around $2.1x and sold half at $3.70 but rode the rest back down to $2.45 and got out after the nectar deal. When it finally found some solid ground and had a good quarterly report I re evaluated why I sold and decided to buy back in. I have 16,000 shares in my TFSA @ $1.81 and 28,500 in my RRSP @ $1.81 and then there was the Amazon deal and the new CEO. I knew the ship was righted but never thought we'd be over $3 before the August quarterly report.
I have stop losses in place this time but have no interest in selling before this all plays out. It sounds like AC was in talks with the old management team to buy Aeroplan but the new team is showing all the signs of going it alone. If the quarterly is good (and there is no sign it won't be) and the deal is rejected than this is going to get heated between now and Halloween!