BOEING
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?
Comments
-
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.
-
You need to go all in.
-
I bought at $90. Which seems to be too soon
-
75% discount? I think you’ll be ok.MikeDamone said:I bought at $90. Which seems to be too soon
-
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.
-
Made 10% already. We'll seeThomasFremont said:
75% discount? I think you’ll be ok.MikeDamone said:I bought at $90. Which seems to be too soon
-
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.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?
-
Boeing was fucked before any of this virus shit.
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.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.
-
Boeing makes a lot more than the 737 MAXUWhuskytskeet said:Boeing was fucked before any of this virus shit.
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.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.
-
ThomasFremont said:
Boeing makes a lot more than the 737 MAXUWhuskytskeet said:Boeing was fucked before any of this virus shit.
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.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.
-
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.HoustonHusky said:Nikki Haley running in 2024...resigns from board claiming they shouldn’t be asking for a bailout.
-
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.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.
-
You mean the ones that wont be left by the end of the month?DerekJohnson said:
Because people need access to their assets.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.
-
salemcoog said:
You mean the ones that wont be left by the end of the month?DerekJohnson said:
Because people need access to their assets.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.
Looking forward to it.
