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Member
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May 29 2020 08:43am
Anyone looking at AC.TO lately?

May be an interesting hold position as business in the airline sector resumes next month

AC should survive this as it’s Canada’s primary international airline
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May 29 2020 09:52am
Quote (Bruin @ May 29 2020 08:43am)
Anyone looking at AC.TO lately?

May be an interesting hold position as business in the airline sector resumes next month

AC should survive this as it’s Canada’s primary international airline



Ya I’ve been watching a while. Still pretty high risk, as last time they went bust and were bailed out and restructured, shareholders got nothing from what I understand. But ya seems tempting.
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May 29 2020 09:58am
Quote (StayPositive @ 29 May 2020 09:52)
Ya I’ve been watching a while. Still pretty high risk, as last time they went bust and were bailed out and restructured, shareholders got nothing from what I understand. But ya seems tempting.


how did you do with BYND?
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May 29 2020 10:08am
Quote (Bruin @ May 29 2020 09:58am)
how did you do with BYND?



Up 100% in 3 weeks and dumped it, was ez
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May 29 2020 10:14am
Quote (StayPositive @ 29 May 2020 10:08)
Up 100% in 3 weeks and dumped it, was ez


very nice

I milked 700 bucks out of some day trades


anything you're watching rn?
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May 29 2020 10:15am
Quote (Bruin @ May 29 2020 10:14am)
very nice

I milked 700 bucks out of some day trades


anything you're watching rn?



Very nice. Looking at SPCE, could be ok.
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May 29 2020 04:14pm
Quote (Bruin @ May 29 2020 07:43am)
Anyone looking at AC.TO lately?

May be an interesting hold position as business in the airline sector resumes next month

AC should survive this as it’s Canada’s primary international airline


Buffet got out of all Airline/Cruise stocks if I recall correctly stating that those businesses had changed forever.

Personally I am staying away from there. I think in the next couple of years you are going to see lots of consolidation and bankruptcies in those sectors.

Huge potential to make it big but you could lose it all as well... Not my investing personality. I want to keep what little nerves I have left lol. That being said if you are gutsy and can afford to lose maybe it's not a bad idea to take a swing.


With air Canada you have to keep in mind that it was trading at ~ $-2-3 dollars a share for years...... However look how it recovered. At this price point though I still think it is considerably overvalued.
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May 29 2020 04:21pm
I got absolutely bootfucked by ICBC today.

Insurance went from $218 a month to $370 a month, which was after I reduced liability coverage. Would have been over $400.....

13 years driving. One at fault accident last year that I still don't feel I was responsible for in a lot of ways; however fault % does not matter as anything above 20% still raises your rates just the same.

previously 10 years of safe driving with no criminal convictions or at fault accidents would net you a free claim with no penalizations. Recently that has been bumped up to 20 years.

Furthermore claims history currently only goes back three years so it appears as though I had one accident in three years, not thirteen. Furthermore to that, for insurance purposes time with an 'L' or 'N' no longer counts towards years of safe driving either.

Thus I am being billed like an inexperienced 16 year old who is going to drive like a reckless maniac. Good times. Just got a small raise at work and now it is pretty welll gone due to that shit.


ICBC has to go.

This post was edited by Killingyouall on May 29 2020 04:22pm
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May 29 2020 04:58pm
Quote (Killingyouall @ 29 May 2020 15:21)
I got absolutely bootfucked by ICBC today.

Insurance went from $218 a month to $370 a month, which was after I reduced liability coverage. Would have been over $400.....

13 years driving. One at fault accident last year that I still don't feel I was responsible for in a lot of ways; however fault % does not matter as anything above 20% still raises your rates just the same.

previously 10 years of safe driving with no criminal convictions or at fault accidents would net you a free claim with no penalizations. Recently that has been bumped up to 20 years.

Furthermore claims history currently only goes back three years so it appears as though I had one accident in three years, not thirteen. Furthermore to that, for insurance purposes time with an 'L' or 'N' no longer counts towards years of safe driving either.

Thus I am being billed like an inexperienced 16 year old who is going to drive like a reckless maniac. Good times. Just got a small raise at work and now it is pretty welll gone due to that shit.


ICBC has to go.

wow that's a huge jump.
Hey, at least you have a reason to be frustrated cuz of the accident a year ago. I have a clean driving record, and the insurance costs keep rising every year regardless and icbc dare to say that they're LOSING money lmfao. If anything, the management needs to go, and actually hire competent people and manage the money efficiently. It's definitely hard to have monopoly and end up losing money, that's actually a pretty hard fucking thing to do.

Get a dash cam if you haven't, it already paid for itself and more for me. I say it's 1 of a must thing to have when driving in vancouver. Way too many careless and reckless drivers out there.

I think I got scammed on my insurance last year, unless they changed things up recently. I swear they showed me that genesis g70 was under the "luxury" premium, but when I checked this year I don't see it at all. Which is awesome cuz I don't have to pay for that premium, and yet I'm still paying more than last year rofl.
Member
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May 29 2020 05:04pm
Quote (Killingyouall @ May 29 2020 03:21pm)
I got absolutely bootfucked by ICBC today.

Insurance went from $218 a month to $370 a month, which was after I reduced liability coverage. Would have been over $400.....

13 years driving. One at fault accident last year that I still don't feel I was responsible for in a lot of ways; however fault % does not matter as anything above 20% still raises your rates just the same.

previously 10 years of safe driving with no criminal convictions or at fault accidents would net you a free claim with no penalizations. Recently that has been bumped up to 20 years.

Furthermore claims history currently only goes back three years so it appears as though I had one accident in three years, not thirteen. Furthermore to that, for insurance purposes time with an 'L' or 'N' no longer counts towards years of safe driving either.

Thus I am being billed like an inexperienced 16 year old who is going to drive like a reckless maniac. Good times. Just got a small raise at work and now it is pretty welll gone due to that shit.


ICBC has to go.


Sucks to be fucked so hard after one incident. The province has long used ICBC to make up for budget deficits elsewhere and with COVID-19 fucking the economy I expect no different despite the BCNDP's promises.

That's why I don't bother driving at all. I know I'm a shit driver and ICBC would make me their bitch.
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