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So who's riding on the Air Canada Stocks ride??

richaceg

Well-known member
Feb 11, 2009
11,717
3,741
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Apparently...machinists union is going on strike, the gov't said no...not yet...current trading at it's lowest in a year at $0.93. would you buy?
 

nottyboi

Well-known member
May 14, 2008
22,447
1,331
113
FUCK NO!!! Air canada will go bankrupt again.. that is as sure as the rising of the sun. The rate of taxes in Canada makes it impossible to run an airline profitably indefinitely. Plus with oil prices putting pressure and a war with the unions ...NEVER
 

JohnLarue

Well-known member
Jan 19, 2005
16,374
2,274
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Airlines are a terrible investment
Someone did a study a few years back
They added up all the earnings by all airlines since the Wright Bros.
The result was negative

You probably do better in Vegas.

It always puzzles me why people consider investing in a troubled company when there are so many other companies which are growing and making healthy profits
 
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