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re: BOEING at $183- Do we like this giant?
Posted on 7/5/20 at 4:52 pm to Covingtontiger77
Posted on 7/5/20 at 4:52 pm to Covingtontiger77
BA will be fine long term but face some pretty significant headwinds short term, I would avoid them for the next 19-24 months.
Lets see
Max may be approved but will anybody buy
Demand destruction in the market due to covid and all their customers going broke.
A mountain of debt recently taken on
Political climate against buybacks
What are they going to do in the face of those to get the price up short term? IMHO it will go sub $100 before it breaks back over $200.
Lets see
Max may be approved but will anybody buy
Demand destruction in the market due to covid and all their customers going broke.
A mountain of debt recently taken on
Political climate against buybacks
What are they going to do in the face of those to get the price up short term? IMHO it will go sub $100 before it breaks back over $200.
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