rudder Posted January 17, 2018 Share Posted January 17, 2018 Off 16% YTD2018. Off 21% from the 52 week high. Institutions that wanted to book gains for YE2017 are already out but the selling continues. Is it increasing fuel prices? Link to comment Share on other sites More sharing options...
Kip Powick Posted January 17, 2018 Share Posted January 17, 2018 Everybody is going to Swoop ?? Link to comment Share on other sites More sharing options...
Guest Posted January 17, 2018 Share Posted January 17, 2018 WestJet Airlines Ltd is up just $0.01 today to $25.16. Over the last five days, shares have gained 1.17% and outperformed the S&P TSX index over the last 52 weeks with a 8.08% increase in price. Re ac stock: according to the wall street journal Air Canada Stock Top Performer Among North American Network Carriers for the Second Consecutive Year in 2017 10:44 AM EST 01/17/18 $22.91 CAD -0.16 -0.69% Volume585,648 65 Day Avg Vol1,634,194 1 Day Range22.58 - 23.29 52 Week Range12.49 - 28.70(05/04/17 - 10/12/17) Link to comment Share on other sites More sharing options...
Geminoid Posted January 17, 2018 Share Posted January 17, 2018 Jet fuel prices are going up. That's gotta be one of factors. Link to comment Share on other sites More sharing options...
Seeker Posted January 18, 2018 Share Posted January 18, 2018 Everybody is rolling the dice on pot and crypto stocks (me included). Sold my AC shares at $25 and making fat stacks on the venture! Link to comment Share on other sites More sharing options...
J.O. Posted January 18, 2018 Share Posted January 18, 2018 36 minutes ago, seeker said: Everybody is rolling the dice on pot and crypto stocks (me included). Might want to put some Duncan Hines or Betty Crocker in that portfolio too! Link to comment Share on other sites More sharing options...
Seeker Posted January 18, 2018 Share Posted January 18, 2018 12 hours ago, J.O. said: Might want to put some Duncan Hines or Betty Crocker in that portfolio too! Looks like it's some kind of joke about cake but I'm not getting it. Eating cake? Having cake? Choking on my cake? Link to comment Share on other sites More sharing options...
Maverick Posted January 18, 2018 Share Posted January 18, 2018 36 minutes ago, seeker said: Looks like it's some kind of joke about cake but I'm not getting it. Eating cake? Having cake? Choking on my cake? I'm thinking he's implying that with the increased availability of marijuana will also have a proportionate increase of people with the munchies! Link to comment Share on other sites More sharing options...
Seeker Posted January 18, 2018 Share Posted January 18, 2018 40 minutes ago, Maverick said: I'm thinking he's implying that with the increased availability of marijuana will also have a proportionate increase of people with the munchies! Yup, that makes sense, thanks. Link to comment Share on other sites More sharing options...
DEFCON Posted January 18, 2018 Share Posted January 18, 2018 or the consumer will be making loads of pot brownies. Link to comment Share on other sites More sharing options...
Guest Posted January 18, 2018 Share Posted January 18, 2018 1 hour ago, Maverick said: I'm thinking he's implying that with the increased availability of marijuana will also have a proportionate increase of people with the munchies! and perhaps bringing them onboard for their inflight snack. Link to comment Share on other sites More sharing options...
Super 80 Posted January 18, 2018 Share Posted January 18, 2018 On 1/17/2018 at 8:23 AM, rudder said: Off 16% YTD2018. Off 21% from the 52 week high. Institutions that wanted to book gains for YE2017 are already out but the selling continues. Is it increasing fuel prices? There are a whole lot of pretty existential looking issues ahead for the Canadian economy, any one of which could pinch AC or all could thwack it. WJA is also trending downwards over the last few months. Link to comment Share on other sites More sharing options...
QFE Posted January 19, 2018 Share Posted January 19, 2018 To offset higher fuel prices maybe AC could include pot brownies in the buy on board cart! Link to comment Share on other sites More sharing options...
DEFCON Posted January 19, 2018 Share Posted January 19, 2018 You'd have fewer onboard problems with pax than booze creates. Link to comment Share on other sites More sharing options...
Guest Posted January 19, 2018 Share Posted January 19, 2018 12 minutes ago, DEFCON said: You'd have fewer onboard problems with pax than booze creates. Perhaps but it does sound like a revenue looser, why buy at airline prices when you can bring your own home made goodies on with other food? Link to comment Share on other sites More sharing options...
rudder Posted January 25, 2018 Author Share Posted January 25, 2018 UAL announced capacity increases and the US airline stocks have been selling off yesterday and today. AC seems to be dropping in tandem. Link to comment Share on other sites More sharing options...
Guest Posted January 25, 2018 Share Posted January 25, 2018 Tanking? Quote Air Canada Stock Top Performer Among North American Network Carriers for the Second Consecutive Year in 2017 MONTREAL, Jan. 12, 2018 /CNW Telbec/ - Air Canada shares outperformed those of all its North American network carrier peers for the second consecutive year in 2017.1 During a year in which it celebrated its 80th anniversary, the airline set a number of company financial records and won major awards for customer service and employee engagement. "Air Canada performed very strongly in 2017, fulfilling its commitments to investors, customers, employees and other stakeholders. Such achievements speak to the success of the ongoing transformation of our company and its power to deliver value to shareholders. The results also reflect the loyalty of our customers and I thank them on behalf of all of our 30,000 employees for choosing to fly with Air Canada," said Calin Rovinescu, President and Chief Executive of Air Canada. "In the third quarter of 2017 alone we set nine financial records for Air Canada, including EBITDAR, liquidity and passengers carried. We were named the Best Airline in North America by Skytrax, and for the fifth consecutive year we were ranked among Canada's Top 100 Employers. Moreover, we expanded our global network with 29 new routes and continued to renew our fleet with the delivery of nine new Boeing 787 Dreamliners, the first of our new narrow body Boeing 737 MAX aircraft, and we unveiled a stunning new aircraft livery to signal our transformation." Highlights of 2017 included: The launch of 29 new routes, 15 of which were new international city pairings, including Montreal-Shanghai, Toronto-Mumbai, and Vancouver-Melbourne; Air Canada and Air Canada Rouge hired more than 6,000 new employees in 2017, providing high quality jobs with pensions and benefits; The company produced record EBITDAR financial results for the first nine months on which it has reported (2017 fourth quarter and year end results will be reported February 16, 2018); Air Canada generated greater customer engagement, serving more than 48 million people on its expanded network; Skytrax, the globally recognized industry rating company, named Air Canada the Best Airline in North America and maintained its 4 Star Rating, making Air Canada the only four star network carrier in North America. Air Canada was also named the Best Long Haul Airline in the Americas for 2018 by AirlineRatings.com, an airline safety and product rating agency. AirlineRatings.com gives Air Canada its top seven-star rating for both safety and product; Other notable awards included being named one of Canada's Top 100 Employers for the fifth consecutive year and one of Canada's Best Diversity Employers for 2017 for the second consecutive year by Mediacorp Canada Inc.; winner in Airline Strategy Awards Finance Category by the established air transport industry news and analysis provider Flight Airline Business; and one of the 50 Most Engaged Workplaces in North America for second consecutive year by Achievers, an employee social recognition company. "Shareholders were also big winners in 2017. Our common shares appreciated nearly 90 per cent over the year, outperforming all of our North American network carrier peers, the Dow Jones U.S. Airlines Index and the S&P/TSX Composite Index," said Mr. Rovinescu. "As well, I would also like to thank our employees and recognize their dedication and hard work that made 2017 such a successful year for Air Canada." 1 Includes Alaska Air Group, American Airlines Group, Delta Air Lines, JetBlue Airways, Southwest Airlines, United Continental Holdings, WestJet Link to comment Share on other sites More sharing options...
rudder Posted January 25, 2018 Author Share Posted January 25, 2018 The day that I originally posted this topic AC was 21% off of its 52 week high. Pethaps ‘tanking’ was too extreme a label but a 21% drop from recent highs is significant, particularly if you bought the stock at its recent apex. Link to comment Share on other sites More sharing options...
Seeker Posted January 25, 2018 Share Posted January 25, 2018 2 hours ago, rudder said: particularly if you bought the stock at its recent apex. Why would you do that? You're supposed to sell at the apex, not buy at the apex. Link to comment Share on other sites More sharing options...
rudder Posted January 25, 2018 Author Share Posted January 25, 2018 If you can consistently predict every stock apex, then you should be working on Bay St. Link to comment Share on other sites More sharing options...
Seeker Posted January 26, 2018 Share Posted January 26, 2018 21 hours ago, rudder said: If you can consistently predict every stock apex, then you should be working on Bay St. You don't have to predict every apex, just more than half of them. Link to comment Share on other sites More sharing options...
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