Posted on 05/07/08
STARS AND DOGS
DOGAir Canada Investing tip #367: If you're ever tempted to invest in an airline stock, have a friend handcuff you to a chair and slap you with a wet mackerel until the urge passes. Shareholders of Air Canada probably wished they'd heeded that advice: Reeling from high fuel prices, Canada's biggest airline is slashing routes and laying off up to 2,000 employees. Despite such measures, the stock keeps losing altitude.
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