AC.B (preferred over AC.A for volume reasons) is now part of my 2010 top list.
With the economy going back on track, this will help traffic and spending to increase over the coming months and this cycle could be very profitable to Air Canada for at least the next 18-24 months.
I expect AC.B to give a return of 250% and end up this year close to 5$.
Again, best is always to buy on dip as it has a 6% dip on friday.
We will see early monday where it is headed
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