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Air Canada Stock


Jumpy

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At the time of the stock issue in the fall - the month escapes me - Genuity had to step in and buy shares to support the price. It was stated at the time that if the stock bounced back a few cents, Genuity could unload those shares, breaking even or making a small profit.

At today's price, they probably did make a tiny profit.

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Guest rattler

Maybe that is what that extra cash they raised was for. It would be a good move as they would also get a Reservations system that is working cool.gif

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