All things STOCKS

#1,876
#1,876
05_never_again said:
All those reasons (other than being a member of the Dow - that means nothing on a go-forward basis and it wouldn't shock me if they were removed from the Dow at some point) I think are good ones that the company won't be allowed to go bankrupt, not necessarily that the stock is a buy. The company will survive, but that doesn't mean the equity will be valuable.

You've got the CEO out this morning talking about how the entire aircraft industry might have to restructure itself given potential changes in the types of planes airlines want in a post-virus world. Likely 7+ years until global passenger traffic gets back to 2019 levels. That backlog they had before COVID-19 has probably evaporated. Really long road ahead. The stock is going to stop going down at some point, but that doesn't necessarily mean it's a good one to allocate capital to in a market full of other options.
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BA went from being a trusted company because they built quality aircraft that were better designed than Airbus to another sleazy US corporation. Frequent flyers(business) typically would look for Boeing metal to book a flight.
They had engineers in charge for years, but felt they needed to make more profit so we got cost Cutting and untruths.

They are not in an industry where quality and safety should play 2nd fiddle.
 
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#1,879
#1,879
Go aeiou said:
BA went from being a trusted company because they built quality aircraft that were better designed than Airbus to another sleazy US corporation. Frequent flyers(business) typically would look for Boeing metal to book a flight.
They had engineers in charge for years, but felt they needed to make more profit so we got cost Cutting and untruths.

They are not in an industry where quality and safety should play 2nd fiddle.
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This^^^^^^^^^^
 
#1,882
#1,882
05_never_again said:
All those reasons (other than being a member of the Dow - that means nothing on a go-forward basis and it wouldn't shock me if they were removed from the Dow at some point) I think are good ones that the company won't be allowed to go bankrupt, not necessarily that the stock is a buy. The company will survive, but that doesn't mean the equity will be valuable.

You've got the CEO out this morning talking about how the entire aircraft industry might have to restructure itself given potential changes in the types of planes airlines want in a post-virus world. Likely 7+ years until global passenger traffic gets back to 2019 levels. That backlog they had before COVID-19 has probably evaporated. Really long road ahead. The stock is going to stop going down at some point, but that doesn't necessarily mean it's a good one to allocate capital to in a market full of other options.
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What gets lost in all of the penny stock trading clutter are the questions that are being addressed. A few pages ago I said that I MIGHT buy BA if it quickly falls to $90 or slowly to $100. That would be more than a 30% fall from today's open. That puts the company value in the area of $50 billion and they are in defense and space as well as commercial jetliner production.

How much was the sock puppet company valued at before the dot com bust? They didn't have a presence beyond Earth's gravitational pull.

Lockheed Martin is up around 40,000% from a similar situation when they (Lockheed Aircraft) had corrupt management bribing foreign governments and were nearly pushed to zero value. They don't even make the L-1011 anymore. But they are the largest defense contractor.
 
#1,883
#1,883
Thunder Good-Oil said:
What gets lost in all of the penny stock trading clutter are the questions that are being addressed. A few pages ago I said that I MIGHT buy BA if it quickly falls to $90 or slowly to $100. That would be more than a 30% fall from today's open. That puts the company value in the area of $50 billion and they are in defense and space as well as commercial jetliner production.

How much was the sock puppet company valued at before the dot com bust? They didn't have a presence beyond Earth's gravitational pull.

Lockheed Martin is up around 40,000% from a similar situation when they (Lockheed Aircraft) had corrupt management bribing foreign governments and were nearly pushed to zero value. They don't even make the L-1011 anymore. But they are the largest defense contractor.
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I think you already had your chance to buy it there for a bounce. A massive bounce. If it reapproaches those levels again, it's probably breaking through them and going even lower, perhaps down towards the mid 70s/80 (previous resistance level from early 2010s).
 
#1,884
#1,884
05_never_again said:
I think you already had your chance to buy it there for a bounce. A massive bounce. If it reapproaches those levels again, it's probably breaking through them and going even lower, perhaps down towards the mid 70s/80 (previous resistance level from early 2010s).
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There are many variables to consider. I don't have an open order to buy at $90. Again, what gets lost in the fractured conversation is that that is a list of reasons to consider BA when I was asked what I saw in it. They aren't reasons to immediately run out and buy.
 
#1,896
#1,896
Freak said:
When did you buy this one? Today? How did it show up on your radar?
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it looks like I bought in on Monday (3/30). I think I saw it mentioned on the stocks subreddit and researched a bit, then bought in.

but to me, the "show up on the radar" is incredibly hard (and it seems to take a ton of time to even quickly vet/"analyze" a stock)
 
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#1,897
#1,897
I think I made about 2k off a CEI run last summer. If I’m remembering correctly, $5 to $7, and then $7 to $9 or something like that.
 
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