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BOEING

pawzpawz Member, Moderator, Swaye's Wigwam Posts: 21,244 Founders Club
in Tug Tavern
Boeing is too big to fail, right? I mean, is the Trump administration (or any administration for that matter) going to let Boeing fail?

If the answer is NO – the US govt won’t let Boeing fail – then when is it a buy?

https://yhoo.it/3b9qgRl


It closed today at $124, down from $396 a few weeks ago.

Feb ’16 it closed at $108

March ’09 it close at $30.


I know the rent is too damn high, but when do we think BA is buy?
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Comments

  • ThomasFremontThomasFremont Member Posts: 13,325
    It’s already a steal. It may be you get it cheaper in the coming weeks/months, but as soon as the stimulus plan passes and this all blows over BA will still be here.
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  • DJDuckDJDuck Member Posts: 5,970
    You need to go all in.
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  • MikeDamoneMikeDamone Member Posts: 37,781
    I bought at $90. Which seems to be too soon
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  • ThomasFremontThomasFremont Member Posts: 13,325
    MikeDamone said:

    I bought at $90. Which seems to be too soon

    75% discount? I think you’ll be ok.
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  • MikeDamoneMikeDamone Member Posts: 37,781
    ThomasFremont said:

    MikeDamone said:

    I bought at $90. Which seems to be too soon

    75% discount? I think you’ll be ok.
    Made 10% already. We'll see
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  • HoustonHuskyHoustonHusky Member Posts: 5,993
    pawz said:

    Boeing is too big to fail, right? I mean, is the Trump administration (or any administration for that matter) going to let Boeing fail?

    If the answer is NO – the US govt won’t let Boeing fail – then when is it a buy?

    https://yhoo.it/3b9qgRl


    It closed today at $124, down from $396 a few weeks ago.

    Feb ’16 it closed at $108

    March ’09 it close at $30.


    I know the rent is too damn high, but when do we think BA is buy?

    I always like it when a company with a market cap less than $60 billion says it needs $60 billion in loans to stay afloat...pretty easy math of what its worth. That said the govt won't let it fail...they should still force them to issue a shit-ton of stock and dilute out the stockholders to raise cash. I've heard mentions of the GM model ala 2009, but in the grand scheme of things its a crap shoot what stock price the govt will bail them out at.
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  • UWhuskytskeetUWhuskytskeet Member Posts: 7,113
    Boeing was fucked before any of this virus shit.
    creepycoug said:

    I think there's still more downside to Boeing. The bailout will keep them from drowning, but the recovery for the airlines will take some tim, and they have that rather large turd with which to deal in the grounded fleet. The lawsuits for damages from the airlines will be yuge ... YUGE. That's all coming.

    What happens to all the extra MAXs that sit after several of these airlines go bankrupt? I agree we won't let Boeing die, but its stock has been sinking for a while now, well before the virus shit started.
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  • ThomasFremontThomasFremont Member Posts: 13,325
    edited March 2020
    UWhuskytskeet said:

    Boeing was fucked before any of this virus shit.

    creepycoug said:

    I think there's still more downside to Boeing. The bailout will keep them from drowning, but the recovery for the airlines will take some tim, and they have that rather large turd with which to deal in the grounded fleet. The lawsuits for damages from the airlines will be yuge ... YUGE. That's all coming.

    What happens to all the extra MAXs that sit after several of these airlines go bankrupt? I agree we won't let Boeing die, but its stock has been sinking for a while now, well before the virus shit started.
    Boeing makes a lot more than the 737 MAX
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  • MikeDamoneMikeDamone Member Posts: 37,781
    ThomasFremont said:

    UWhuskytskeet said:

    Boeing was fucked before any of this virus shit.

    creepycoug said:

    I think there's still more downside to Boeing. The bailout will keep them from drowning, but the recovery for the airlines will take some tim, and they have that rather large turd with which to deal in the grounded fleet. The lawsuits for damages from the airlines will be yuge ... YUGE. That's all coming.

    What happens to all the extra MAXs that sit after several of these airlines go bankrupt? I agree we won't let Boeing die, but its stock has been sinking for a while now, well before the virus shit started.
    Boeing makes a lot more than the 737 MAX
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  • HoustonHuskyHoustonHusky Member Posts: 5,993
    Nikki Haley running in 2024...resigns from board claiming they shouldn’t be asking for a bailout.
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  • creepycougcreepycoug Member Posts: 23,660
    HoustonHusky said:

    Nikki Haley running in 2024...resigns from board claiming they shouldn’t be asking for a bailout.

    Great move. I admire her adherence to principle.

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  • KaepskneeKaepsknee Member Posts: 14,886
    Honest question. At a time like this where everything but the necessities are being locked down, why are they not freezing the stock markets for a couple weeks.
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  • AtomicPissAtomicPiss Administrator, Swaye's Wigwam Posts: 64,493 Founders Club
    salemcoog said:

    Honest question. At a time like this where everything but the necessities are being locked down, why are they not freezing the stock markets for a couple weeks.

    Because people need access to their assets.
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  • KaepskneeKaepsknee Member Posts: 14,886
    DerekJohnson said:

    salemcoog said:

    Honest question. At a time like this where everything but the necessities are being locked down, why are they not freezing the stock markets for a couple weeks.

    Because people need access to their assets.
    You mean the ones that wont be left by the end of the month?
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  • PurpleThrobberPurpleThrobber Member Posts: 44,791 Standard Supporter
    salemcoog said:

    DerekJohnson said:

    salemcoog said:

    Honest question. At a time like this where everything but the necessities are being locked down, why are they not freezing the stock markets for a couple weeks.

    Because people need access to their assets.
    You mean the ones that wont be left by the end of the month?


    Looking forward to it.


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