Boeing - Better Get your Puts While You Still Can

Discussion in 'Stocks' started by JSOP, May 10, 2019.

  1. Turveyd

    Turveyd

    Doubt anyone reads my struggles of trying to become the best of the best LOL Well stop automatically countertrending everything LOL
     
    #21     May 10, 2019
    vanzandt likes this.
  2. Overnight

    Overnight

    Believe me, they are reading it. The less feedback you have on a journal means you are doing something right. Just keep on keeping on. :)

    Yer a cool frood. Here's my musical agreement.

     
    #22     May 10, 2019
  3. wartrace

    wartrace

    Who in their right mind would sell a put on BA right now without a huge premium? Go ahead and buy an overpriced put if you like but BA is going to fix the problem; this is already priced in.
     
    #23     May 10, 2019
  4. JSOP

    JSOP

    Well if you watched the second video by VOX that explained the problem in detail, the very root cause of the problem is the position of the bigger engine on the plane being too high that could cause the possible stalling so to compensate for this problem, they came up with this MCAS system to automatically adjust to push the airplane down so it wouldn't stall. So if they REALLY want to solve the problem to eliminate the root cause, they would need to redesign the plane to have the engine not being higher than the wings. So that's first.

    And the adding further to the problem is actually the anti-stall sensor that is called an "angle of attack" sensor installed on the one of the wings which the video didn't go much into the detail that malfunctions and feeds wrong stalling information to the MCAS that directly causes MCAS to push the plane's nose down too much, overcompensating for stalling. Now this anti-stall sensor is actually not manufactured by Boeing; it's manufactured by a separate independent supplier, a Minnesota-based company called Rosemount Aerospace, owned by United Technologies. I don't know why nobody ever mentions this company or mentions very little about this company and instead just focuses on the MCAS by Boeing. To me, this company, United Technologies is just as culpable as Boeing in causing the death of these 300+ people and they should be part of this criminal investigation and should be criminally charged as well should Boeing be so. According to this article, their anti-stall sensors has caused many problems in various commercial aircraft and have caused numerous emergency landings and disruption of flights: https://www.heraldnet.com/nation-world/not-just-the-737-angle-of-attack-sensors-have-had-problems/ And the crux of the issue is, that sensor is not even needed. It's a nice-to-have hardware but without it, pilots can still fly the plane with no problem. So to fix the problem more completely, I don't know why Boeing just not use the sensor at all or ensure the sensor is properly repaired instead of applying a band-aid solution to apply a software patch on the MCAS system and retrain the pilots on how to turn the MCAS system permanently.

    To me, it doesn't solve the problem at all. If the sensor is still there keep feeding wrong information to the software, how is a patch to the software going to change anything? We all know if bad data is fed into a software program, the software program won't work properly. It's called "garbage in garbage out". The MCAS still going to malfunction in one way or another. Even if Boeing tries to apply another superficial band-aid solution: retrain the pilots, the only group of people that Boeing tries to scapegoat the problem onto as soon as the crashes started happening by teaching the pilots how to turn the MCAS system off permanently once and for all, to me that is still addressing the problem. If pilots have to fly the plane safely by shutting down the MCAS permanently, WHY is that piece of junk of MCAS there in the first place when it serves no function but potentially crashing the plane? Why don't you just rebuild the plane without the MCAS but then Boeing can't because their engines are above the wings and that could cause the stalling problem which is what MCAS was put in to resolve? Round and round in a circle we go until we reach right back to the root cause of the problem that started all. So no matter how Boeing patches up the problem, as long as it doesn't correct the root cause of the problem, the plane is not safe to fly. And I for one would NEVER fly the 737 Max 8 as long as they haven't resolved the root cause of the problem. Yes sure redesigning of the plane would take years and huge cost but human lives shouldn't have a $ figure put on them. You are not supposed to sacrifice safety and security of the people who are going to ride in your plane just for the sake of saving some money and beating out your competition. Since Boeing can't understand this or appreciate this, this is why I am not taking another Boeing plane again, not even the Boeing 787 Dreamliner which is another plane that's had lots of problems.

    I am not putting my life in jeopardy so a company can make more money.
     
    #24     May 11, 2019
  5. JSOP

    JSOP

    Well there is a reason why the put is overpriced now because they know s*** is coming. This is beyond "fix the problem" now, this is about Boeing possibly having committed a crime killing 350+ people, almost a massacre. And even on the "fix the problem", Boeing is not fixing the problem properly either. It's not addressing the real issue of the problem and is just applying band-aid patches to the software which is not enough. Nobody smart and informed enough would be flying the 737 Max 8 crap anymore unless they are tired of living.
     
    #25     May 11, 2019
  6. Turveyd

    Turveyd

    The Patch just goes, 3 stall warnings and nose pitch downs in a row occur then, disable this system.

    Odds still way higher dying in car crash to flying in a 737 Max, fly without giving it a 2nd thought.
     
    #26     May 11, 2019
  7. JSOP

    JSOP

    But if the angle-of-attack sensor is still badly made and all of the 3 stall warnings are wrong, MCAS is still s***. Like I said, garbage in garbage out. And if you take out the MCAS or disable it all the time, the plane will be vulnerable to real stalling which is even a bigger cause for crashes. So redesigning the plane to make the engines lower is the only real solution. There is no way around it. All those workaround solutions really don't address the real root cause therefore really don't make the plane safe to fly. The crappy sensor is really United Technologies and I give it that Boeing doesn't really have any control over that but Boeing can still do its own part by redesigning the engines so it won't be stalling that much.
     
    #27     May 11, 2019
  8. Turveyd

    Turveyd

    But unless your really low it doesn't stall warn you into the ground while making you feel quite sick at the same time.

    Too much money, it's botched atleast, doubtful any more will suffer the same issue, shame 2 had to, 1 should of been enough and warning from the crew where they'd gotten around it.
     
    #28     May 11, 2019
  9. piezoe

    piezoe

    What these regrettable accidents show us is that we are not ready to replace the human brain. Are we ready for self driving cars?, I doubt it. We should be emphasizing high speed rail; not self driving cars.. Is there such a thing as too much technology? It seems there is. Do it need my refrigerator connected to the internet. Maybe. Do I need my refrigerator to override my own decisions, I don't think so. I can live with not being able to control my coffee maker remotely from my cell phone.
     
    Last edited: May 11, 2019
    #29     May 11, 2019
    vanzandt likes this.
  10. Overnight

    Overnight

    The correct answer is not "maybe". The correct answer is "NO".

    You do not need your fridge connected to the Internet.
     
    #30     May 11, 2019
    vanzandt and JSOP like this.