Article By:
Tim Knight
Monday, March 25, 2024 2:12 PM EDT
The pop this morning doesn’t change a thing. The stock is ultimately going to crater to a fraction of its present value, and all the price action did this morning was try to seal up a major price gap.
In this article: BA
More Bad News For Boeing
The news for #Boeing just gets worse and worse! $BA
More Bad News For Boeing
The writing has been on the wall for #Boeing for a long time now. Anyone who hasn't dumped $BA by now is foolish. It will be at least a year or more before the company can start to recover.
Boeing Drops, Drags Dow To Session Lows After Fitch Puts Single-A Rating In Danger Of Downgrade
No surprise about $BA there.
Week In Review: How Trump's Policies Moved Stocks - Saturday April 20th
Of course #Trump is right about #Boeing. But it's just common sense. I always assumed that's always what Boeing would do with the #737Max. $BA
Boeing Says NY Times Story Paints 'Skewed And Inaccurate Picture'
Yes, one quote by one of the #Boeing technicians working on the plane were particularly concerning: "I’ve told my wife that I never plan to fly on it,” he said. “It’s just a safety issue.”
When the people who BUILD the plane won't fly on it, that really tells you something. If you haven't shorted $BA yet, it's time to.