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Started By
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BOEING at $183- Do we like this giant?
Posted on 7/2/20 at 11:37 am
Posted on 7/2/20 at 11:37 am
MAX 737 inspections supposedly done.
Presumably they will get the geeen light to start selling them.
Airlines are in the shitter as people are not traveling as much. This orders of the 737 max have been suspended or cancelled.
Boeing historically is one of the leading companies contributing to the GDP.
March 2019 high was $440
Are we bullish that ole BA will get back in that range and $183 is still a bargain?
Anyone?
Presumably they will get the geeen light to start selling them.
Airlines are in the shitter as people are not traveling as much. This orders of the 737 max have been suspended or cancelled.
Boeing historically is one of the leading companies contributing to the GDP.
March 2019 high was $440
Are we bullish that ole BA will get back in that range and $183 is still a bargain?
Anyone?
5
Posted on 7/2/20 at 11:48 am to Covingtontiger77
I like them. I bought at $121. I’m still holding right now.
Posted on 7/2/20 at 11:54 am to LSUtiger89
BA will be fine. Long hold.
Posted on 7/2/20 at 12:42 pm to Covingtontiger77
Still holding a long position at $169. I like them under $200 all day
Posted on 7/2/20 at 8:50 pm to Covingtontiger77
I bought in at $146. I’m going to hold for a while. I feel better about Boeing than some of the airlines.
Posted on 7/3/20 at 7:41 am to Covingtontiger77
PR Chief resigning over some comments made in 1987. Also, ending production on their 747 jumbo jet. Could be interesting action the next week or so.
Posted on 7/3/20 at 7:55 am to Suntiger
33 years ago?? Probably time to retire anyway, and just said to hell with fighting the mob.
Posted on 7/3/20 at 7:58 am to Suntiger
quote:
over some comments made in 1987.
Posted on 7/3/20 at 8:03 am to castorinho
quote:
A top Boeing executive has resigned over an article he wrote more than three decades ago in which he advocated that women should not be permitted to serve in combat roles in the military.
Niel Golightly, the senior vice president of communications, stepped down following an employee complaint about the article, published in 1987.
quote:
The US military removed restrictions on women serving in combat roles in 2013. Three years later all of these combat roles were open to both men and women.
This is crazy
This post was edited on 7/3/20 at 8:13 am
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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