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Boeing Stock up 32%
If it up 32%, then they sure as heck dont need any bailout whatsoever.....They need to go to the banks and borrow like everyone else... (www.cnn.com) Más...Sort type: [Top] [Newest]
Oh, it's supposed to be a good strategy to buy big solid companies whose stock craters because they screwed up.
The market is simply pricing in the inevitable, that being the virus will be suppressed, the 73Max gets off the ground, production resumes, and the government forklifts cash to Boeing. Share price is the meeting point of willing buyers and sellers. The debacle and the disaster combined to beat the share from nearly $400. down to less than $90. It closed today at about $180, and many market sages think shares will bring three Benjamins by year end.
Hey guys look, To quote Thomas Paine, "These are the times that try our souls" (Updated to be PC) We do not need to cede the market to Scarebus. Granted, Boeing may have rushed the MAX to market, but no one could forsee the COVID-19 disaster. This is a lot like post 9-11 times, so we all need to tone it down a bit and get through this.
stratofan - right on the spot.
A lot of things became clear when Nikki Haley resigned .
https://www.defensenews.com/industry/2020/03/20/nikki-haley-resigns-from-boeing-board-over-airlines-bailout/
https://www.defensenews.com/industry/2020/03/20/nikki-haley-resigns-from-boeing-board-over-airlines-bailout/
Sure of course its up with a $17 Billion bailout.
Because they spent $45 billion buying stock last year.
And they burnt up their cash reserves building 400plus aircraft they haven't sold.
New boss really wants his $7 million bonus.
Because they spent $45 billion buying stock last year.
And they burnt up their cash reserves building 400plus aircraft they haven't sold.
New boss really wants his $7 million bonus.