Air Canada

During a recent event for Air Canada, they determined to make a huge amount of refund for customer's ticket, which is transfer as coupon before. That could make this stock price suddenly drop, but after a period of time, the price will return on average price, so buy it in bearish and with this event, which air Canada can be considered as blue-chip stock, for a short term arbitrage.

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twang497

Apr 20, 2021

4.68%

Change % Since Posting

24.15

Price When Posted

1.13

Change Since Posting

AC.TO

Air Canada

23.02

-0.08
-0.35%
Current Price

Air Canada

bearish

During a recent event for Air Canada, they determined to make a huge amount of refund for customer's ticket, which is transfer as coupon before. That could make this stock price suddenly drop, but after a period of time, the price will return on average price, so buy it in bearish and with this event, which air Canada can be considered as blue-chip stock, for a short term arbitrage.

 

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read-time
< 1 min

21.73

Target Price

10/ 10

Confidence

1-2 Months

Timeframe
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