Yes, again Air Canada and now with one dispute settled (machinist decision toward Air Canada offer) the next one to come will be most probably with it's pilots and pretty soon.
It will be interesting to see who's going to be the winner in that one. If Air Canada win that one also, well it will be the beginning for a nice leg up for Air Canada.
Looking at actual level 2 there is enough support between 1,00 down to 0,97 that i will be a buyer at current level (1,01) and expect AC.B to reach 1,10 rapidly enough to generate a nice return.
I will sell some at 1,10 BUT if it reaches 1,10 BEFORE the decision is made public in regard to the pilot's dispute, i would hold a bit longer as it could mean 1,15 (or more) if decision is leaning toward Air Canada offer.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
It will be interesting to see who's going to be the winner in that one. If Air Canada win that one also, well it will be the beginning for a nice leg up for Air Canada.
Looking at actual level 2 there is enough support between 1,00 down to 0,97 that i will be a buyer at current level (1,01) and expect AC.B to reach 1,10 rapidly enough to generate a nice return.
I will sell some at 1,10 BUT if it reaches 1,10 BEFORE the decision is made public in regard to the pilot's dispute, i would hold a bit longer as it could mean 1,15 (or more) if decision is leaning toward Air Canada offer.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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