ALERT AC.B

Air Canada is now flirting at a double for this year.

I first added this stock at 2,18$ on march 28th and has been on the roll recently. Normally you should have taken some profit on dips and wait for best re-entry point like last week at 3,10 then bought back at 2,80.

If you dis so, you should be averaging about 1,35$ (buying low and selling at higher level did lower your actual cost per share).

My play now is to invest profit made into JAZ.UN a subsidiary of Air Canad that does pay a 0,60 cents dividend per year and that dividend has been confirmed to be paid even after the conversion to a company instead of an income trust. At these level it is close to 11% annual return as a dividend. This is really good and for this reason JAZ.UN has been added to my TOP LONG TERM GROWTH LIST