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Buy Boeing Airlines Stock

Old 03-13-2019, 01:13 PM
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Default Buy Boeing Airlines Stock

Is it time to buy?
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Old 03-13-2019, 01:13 PM
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Not just yet, gotta see what brought down those airplanes first.
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Old 03-13-2019, 01:16 PM
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and how much the lawsuits are going to cost them. not only the victims but the airlines that have grounded the planes are looking for reimbursement>

this one is going to hurt big time!
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Old 03-13-2019, 01:23 PM
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Originally Posted by signmansez View Post

this one is going to hurt big time!
One way or another, this scare is going to be very painful for Boeing.
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Old 03-13-2019, 01:40 PM
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So your telling me, No body is shorting them?
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Old 03-13-2019, 02:57 PM
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Not sure this is correct terminology,and overs- simplified but Foreign Pilots that use the autopilot nearly all the time and don't know how to take properly regain control when needed. But sure there is more than a procedure fix and they are doing that. The stock has already dropped way more than all worse case liabilities. I am buying more here I guess. . For your perusal..... One of many opinions https://www.cnbc.com/video/2019/03/1...ine-crash.html
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Old 03-13-2019, 02:59 PM
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With the advice of a fellow member here I have been buying as much Boeing as I can. It ain't a short term thing but they are a "good company" who will still be around thru the thick and the thin. It ain't a stock you want to look at every day but in the long run, they will be there. At the price today I would definitely buy. I am.
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Old 03-13-2019, 03:08 PM
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Originally Posted by spraynet 1 View Post
So your telling me, No body is shorting them?
everything gets shorted
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Old 03-13-2019, 03:09 PM
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Originally Posted by LI Sound Grunt View Post
Is it time to buy?
NO!!!!!
Don't it will go up and down but trend downwards I believe, Wait until they find out what caused the crash

Last edited by Mine Now; 03-13-2019 at 07:45 PM.
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Old 03-13-2019, 03:09 PM
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Yep, easily.

Crash, stock tanks, some volatility, good news conference on updates, all good, stock up big. 6 mos, huge gains.
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Old 03-13-2019, 03:16 PM
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I bought more when it was down 13% yesterday. The crashes will be blamed on pilot training.
Dont forget the 787 was grounded when it came out...
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Old 03-13-2019, 05:57 PM
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Unless another one crashes.
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Old 03-13-2019, 06:08 PM
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CrashES. Plural. Also, don't forget the Amazon PrimeAir 767 crash near Houston.


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Old 03-13-2019, 06:17 PM
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I expect with the FAA pulling the plug on flying them, the stock will be down again tomorrow in rollercoaster trading.
Its PE is still 21 and its dividend is 2.18%, so it isn't really a bargain after its 11% drop. I think if it settles in at $350 in the next couple of days I would buy expecting it could become a 6 month from now winner.
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Old 03-13-2019, 06:30 PM
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It looks like it is overpriced since 3q16. I might put in a buy order at $200 or something but anything over $300 is a crap shoot.
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Old 03-13-2019, 07:18 PM
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Originally Posted by LI Sound Grunt View Post
The stock has already dropped way more than all worse case liabilities.l
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Old 03-13-2019, 07:26 PM
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Stock was only at 330 a year ago. It's only been above today's price for the last 45 days (approx). The high was only two weeks ago - which isn't a long enough trend for me to think the stock is undervalued today.
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Old 03-14-2019, 05:37 AM
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Originally Posted by gfretwell View Post
It looks like it is overpriced since 3q16. I might put in a buy order at $200 or something but anything over $300 is a crap shoot.

Thats going to be a long wait.
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Old 03-14-2019, 06:15 AM
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There are some stocks that I consider buying on every dip, and Boeing(NYSE:BA) stock is one of them. But I wish the latest opportunity was under different circumstances.

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Boeing stock is down after the crash of a Boeing 737 Max 8 Jet. So many lives lost … our thoughts are with the families.

With emotions still running high, many investors are wondering how to approach BA stock now.

The actual decision to buy the stock on a dip should always depend on one’s time frame and portfolio balance. If the intent is to own BA shares for the long term, then timing is not crucial since BA will be higher later. But a 10% drop on a headline is definitely an opportunity to consider.

On Monday, Boeing stock fell 12% on the headline that there could be a problem with a version of the 737. Some airlines even grounded the planes just in case the problem is systemic. While the dip was scary to those long the stock, it only closed down 5%, so the bulls bought it up off the lows. This morning, it’s down again, but still off the low it set on Monday.

Now we await more news from the FAA as they examine the black box, so it remains in headline mode. The direction of the next move will depend on the news from that front. If the investigation determines that there is no systemic issue with the plane, then the stock will rebound fast. BA stock could even set new highs soon thereafter.

However, there still is a chance that there is indeed a problem that requires extensive repairs thereby hitting BA’s P&L hard. In this scenario, there definitely will be more downside in BA’s future.

So why is it a sure thing in the long term? History suggests that this too shall pass and the proof is in the price action. Even after the massive dip on Monday, BA stock is still up 24% year-to-date, 120% in two years and up 225% in the last five.

Furthermore, an ideal stock to own is one of a company that has a technological advantage, long-term visibility over the fundamentals and most importantly, a large hurdle for new competition. BA ticks all these boxes and more.

Moreover, this is still a cheap stock in absolute and relative terms. Boeing stock sells at a trailing price-to-earnings ratio of 21.

From all angles, one thing is clear, buying BA long here has value below for support.

Also, this management team is proven over decades of tests. They really only have one competitor in Airbus, so there is enough room for both to exist without either threatening the other’s prosperity. The risk of getting a substantial, new competitor is near impossible. We will not see a Tesla (NASDAQ:TSLA) emerge in the industry, delivering monster jets.
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Old 03-14-2019, 06:23 AM
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AA came out today with a statement of they have over 14k hours with the Max8 platform "without an anomaly".
I think it's a combination of lack of pilot training and automated flight control systems, and grounding is prudent until the assignable cause is determined.
Dreamliners were grounded many months for the battery fire problem and it had little impact on sales and deliveries.
As to lawsuit exposure, my guess would be that Boeing has fairly substantial liability coverage.
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