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  1. #1
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    Boeing below $300?

    Looks like Boeing will go below $300, but the Max liability is huge.

  2. Member
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    #2
    I've been watching that. Not good for Washington and many other parts of the country. Not surprised at the drop. Big management blunder.
    Dave

  3. Member
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    Nov 2011
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    Coral Springs, Florida
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    #3
    Sold a cash secured put on it at 312.50 expiring February 14. I am hoping it gets assigned but it bumped up to 314 today.

  4. Member
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    #4
    Quote Originally Posted by NitroZ7 View Post
    Sold a cash secured put on it at 312.50 expiring February 14. I am hoping it gets assigned but it bumped up to 314 today.
    When I saw it getting close to $300, you were who I thought about. I knew you were watching the stock.

    Not sure where it goes? Still climbing today at $317.

    I do not own any shares yet, but the drag of the losses from MAX, is scary. It is not open-ended like asbestos years ago, but airline losses, loss of sales revenue, operational losses of stopping production, etc. is pretty open-ended.

    Just paying for simulator training of all pilots, will be a large expense.

  5. Member
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    #5
    Now that Washington has repealed the tax break for Boeing, that is one more negative thing to pile onto this company.....

    https://www.reuters.com/article/us-e...siness+News%29
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  6. Member
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    May 2005
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    Lees Summit MO
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    #6
    124 and change today

  7. Member
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    Jun 2018
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    Tucson, AZ
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    #7
    Went sub $100 for a short time today....
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  8. Member
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    #8
    You can buy it now at about 99 if you want it

  9. Member
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    Franklin, OH
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    #9

  10. Stocks/Investments Moderator boneil's Avatar
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    #10
    DAM!!!
    Thanos was the hero

  11. Member LuvMyRanger's Avatar
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    Dec 2013
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    LaSalle,Illinois
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    #11
    Buy it at 92 now. I think the bottom is far away

  12. Member
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    #12
    As fast as it's falling I agree

  13. Member
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    #13
    At this point, BA is likely going to it's 2013 price of $75 in the next week. If it blows past that, then we're looking at $35 price from 2009.....
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  14. Member
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    #14
    It was good to see a close of above 100. It really needs to hold that, but I don't think it will. It may hold 75

  15. Member
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    #15
    Boeing stuck it's hand out too fast here. If it had laid low for a few more weeks, it could have probably gotten some government assistance without too much fanfare. Now it's gonna have a bad reputation to overcome as well....
    1994 Ranger 492VS
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  16. Stocks/Investments Moderator boneil's Avatar
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    #16
    Quote Originally Posted by apenland01 View Post
    Boeing stuck it's hand out too fast here. If it had laid low for a few more weeks, it could have probably gotten some government assistance without too much fanfare. Now it's gonna have a bad reputation to overcome as well....

    Not sure how much worst their reputation could get with planes falling out of the sky. And if they don't get help soon, they're going to go into bankruptcy.
    Thanos was the hero

  17. Ya, I Live on Rainy Lake! basscla's Avatar
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    Rainy Lake. Intl Falls, MN
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    #17
    They will get a bailout, but equity holders go to,zero

  18. Member
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    #18
    Now that one of the BA workers has passed away from Coronavirus, it's going to be a completely different story now. My condolences to the family....
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  19. Member
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    #19
    Crazy increase today.
    Dave

  20. Stocks/Investments Moderator boneil's Avatar
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    #20
    Anybody had the balls to buy below $100. Not me
    Thanos was the hero

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