SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: vds4 who wrote (4293)10/19/2001 6:56:36 PM
From: Al Collard  Respond to of 11802
 
Hi Martin,

Your in with AC-t @$1.80 for 5,555 shares.

Chart for Air Canada:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

From the chart we can see a picture of a falling knife and those that have been buying it with hopes of a bottom have been cut deeply. The stock is trading under all it's major MA's and although it appears to be oversold I'm just not sure we have seen the bottom yet. At some point one would expect a bounce up to test the 20EMA but the big question is when.

Good luck with this pick,
Al



To: vds4 who wrote (4293)10/22/2001 8:34:56 AM
From: Al Collard  Respond to of 11802
 
Martin, news out on your pick AC-t:

Air Canada Completes Financing Transactions for Aircraft valued at CAD $540 Million; Obtains CAD $170 Million of New Funding

newswire.ca