I was just reading a review about buying Air Canada (TSX-AC.B). Personally, I would never buy any air plane stock. I just do not see that you can make any money on this. These are never stocks that you can put away and forget about. Has any air plane stock lasted more than 10 years before it had to restructure the company because of lack of profits?
For Air Canada, I just looked at its chart on G&M. The 10 year chart goes back to only November 2007. The price was $19.32. The price now is $2.42. Need I say more?
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