I also saw a weird ad from Boeing on CNN a few days back. Very weird ad. Why do Boeing needs to have an ad on TV? To waste money? To inform American Airlines that they can buy airplanes from them? To let me know that Boeing exists? To let you know that you can buy a private jet? This just shows that times are good and they have money to waste and very soon they will come up with loss with no money saved for rainy days. Then they will sell 10 billions bonds with 2% interests and will distribute it to the world. Every one will have just a piece of that crap " unknowingly" . Like Sweden teachers retirement fund !!!
On Wednesday morning,Boeing(NYSE: BA)continued its run of strong performance, posting a solid profit, despite absorbing another charge related to its KC-46 military tanker development program. Furthermore, the company increased its free cash flow compared to theexcellent resultit posted in the year-ago period. This is allowing Boeing to return massive amounts of cash to its shareholders.
So by the TV ad that I was talking about they were actually trying to return the cash to the shareholders
No, got stopped out for 2.5% loss on the stocks, but the Call Hedge made enough to wipe out the losses and fees.
Boeing Takes Dubai Airshow By Surprise With This Shocker https://www.investors.com/news/boei...rise-with-this-shocker/?src=A00220&yptr=yahoo
Boeing announces $18B stock buyback plan, boosts quarterly dividend https://www.bizjournals.com/wichita...buyback-plan-boosts.html?ana=yahoo&yptr=yahoo