%% MANY of BA planes were built before current woke broke =management, ; + unions like police unions maybe a good thing. But i dont think think police unions will help BA much. NOT long or short BA as of last Tues close .................. But IBD+ 50dma is seldom wrong by much\ BA Takes a Beating IBD news\oday.BA still going down\ after market hours...... Adding to the complexity/ SPY is up after hours; QQQ is up for the day + week. Another thing against BA\ 97.777% hit rate is very good , but 3%more or less failure % is TERRIBLE for airplanes
not built but about the maintenance and part replacements. otherwise they would be dropping like flies. just took a look of jetblue, i am surprised it is down to 6 bucks. i traded a pandemic bounce around 10-12 then. who would use dawn dishwasher as engine degreaser? right, boeing.
%% MAKING progress for those that like technical analysis\ barchart.com moved the 88% sell last month + yesterday on BA, to 100%. I don't use anything like that without my analysis , but I like their ratings, sometimes it gets something I miss
That's a very good point. I mean they can have more glitches here and there and the stock will bounce +/- $20 or so, but you're right, heaven forbid there was another major crash, I don't know if it would lead to bankruptcy, but you'd get an instantaneous 40% drop at a minimum. Everyone, myself included (until just now), looks at BA like a granny stock that you can put in an IRA and not worry about... but you are 100% right, it's a new game now. If I was a professional running some conservative growth fund that held a sizeable position... I'd hate to admit I made a move based on something I read on ET of all places... but I'd start scaling out and replace it with CAT or something after reading your post because again... you're right. Thanks for pointing that out.