Boeing

MikeDamone

Bought it at $93 in March. Still holding. Sell?

AtomicDawg

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

Baseman

MikeDamone said:

Bought it at $93 in March. Still holding. Sell?

Prepare for dilution. Going forward, who's buying planes? Lots of used inventory. Either way, it will be interesting.

MikeDamone

AtomicDawg said:

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

I’m already up about 100%

Baseman

AtomicDawg said:

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

Expert me had a lot of Delta and Southwest. I bought more on the way down. Then I sold and took the crisp short term capital loss and rolled it into Starbucks @$50

MikeDamone

Baseman said:

AtomicDawg said:

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

Expert me had a lot of Delta and Southwest. I bought more on the way down. Then I sold and took the crisp short term capital loss and rolled it into Starbucks @$50

I have Alaska at $27.30

Baseman

MikeDamone said:

Baseman said:

AtomicDawg said:

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

Expert me had a lot of Delta and Southwest. I bought more on the way down. Then I sold and took the crisp short term capital loss and rolled it into Starbucks @$50

I have Alaska at $27.30

I like Alaska and Southwest long term. I kept most of my Southwest in my regular IRA

MikeDamone

Baseman said:

MikeDamone said:

Baseman said:

AtomicDawg said:

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

Expert me had a lot of Delta and Southwest. I bought more on the way down. Then I sold and took the crisp short term capital loss and rolled it into Starbucks @$50

I have Alaska at $27.30

I like Alaska and Southwest long term. I kept most of my Southwest in my regular IRA

You have an IRA? I thought you were rich. Staff?

Baseman

MikeDamone said:

Baseman said:

MikeDamone said:

Baseman said:

AtomicDawg said:

It will probably come back. Just a matter of how long you willing to wait. Growth has been so rapid over the last few months I ditched some stuff I thought would be an easy win that would come back like delta. I’m glad I ditched it and found quicker wins

Expert me had a lot of Delta and Southwest. I bought more on the way down. Then I sold and took the crisp short term capital loss and rolled it into Starbucks @$50

I have Alaska at $27.30

I like Alaska and Southwest long term. I kept most of my Southwest in my regular IRA

You have an IRA? I thought you were rich. Staff?

Old 401k rollover

godawgst

MikeDamone said:

Bought it at $93 in March. Still holding. Sell?

Sell 1/2 lock in the gain. In 5 years it will be at $350.

They have a duopoly with Airbus, and they aren't doing any better either.

Vacation flying will come back. What there won't be as much of is flying for business purposes. With Zoom/other platforms, what this has taught them as you don't need nearly the face to face interactions to get deals done.

whlinder

godawgst said:

MikeDamone said:

Bought it at $93 in March. Still holding. Sell?

Sell 1/2 lock in the gain. In 5 years it will be at $350.

They have a duopoly with Airbus, and they aren't doing any better either.

Vacation flying will come back. What there won't be as much of is flying for business purposes. With Zoom/other platforms, what this has taught them as you don't need nearly the face to face interactions to get deals done.

Boeing is more than just the commercial aircraft; the whole defense sector is incredibly valuable.
It's tough for me to comment on the defense side, but the commercial side is going to be in a world of hurt for several years. BCA has to deal with the following: an inferior single aisle product compared to Airbus on a platform that can't be extended any further, no sub-150 seat platform, a quality twin-aisle platform (787) competing internally with a larger twin-aisle platform (777X) which may never have the demand assumed for it due to COVID, and China, the source of many BCA and Airbus sales for the past 20 years, collapsing economically and building their own planes going forward.

BCA is in store for 5 years of pain and will be a drag on the whole company.