- Nov 19, 2014
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Boeing stock takes another beating
- Thread starter GatorInGeorgia
- Start date
- Jun 12, 2014
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- Jun 12, 2014
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Trying to time the market is always a great play.
- Nov 19, 2014
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You are correct but I do not try and time the market. I only can time my buys and sales of the individual issues I have, whether it be stocks or bonds. I do not own any mutual funds, only individual issues and only seldomly delve into ETF's. I probably was not clear in my post, so did not mean any confusion.
- Jun 12, 2014
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- Jun 12, 2014
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- Jul 29, 2014
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Leave some in....it's going to continue up for a few months.(Edit I saw where you said profits)
- Jun 12, 2014
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might make you never want to fly on one again..
- Aug 23, 2017
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Boeing Blames Gravity For Recent Mishaps
ARLINGTON, VA — As aircraft malfunctions and incidents continued to make headlines, aerospace corporation Boeing blamed gravity for its recent string of mishaps.
babylonbee.com
- Feb 2, 2017
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Boeing whistleblower found dead in outside a South Carolina hotel
John Barnett, 62, was found dead in his truck in a hotel parking lot in South Carolina, cops said Monday - seven years after he retired from the firm following a 32-year career.
- Nov 19, 2014
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So I have just begun to build a small position in BA fully expecting it to continue to go down, which I hope it does so I can add. That company is a mess. IMO I think the first pop will be when they fire the CEO (or he resigns, tomato, tomahto), then they will have to begin to perform. I think the only thing holding the price up at all is that other than BA and AirBus there is no other game in town. And it is not like AirBus can supply all the carriers.
- Jul 15, 2014
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And its govt/defense/intel sector side of the house, but this is exactly why BA has never been in my "buy NOC, LMT, GD, RTX, HII and go to sleep" list... the commercial exposure. Boeing was up there in the stratosphere with HII until... it's commercial sector issues. But I agree, it's clearly an opportunity shaping up, just like most "disasters" (e.g., Union Carbide/Bhopal, Exxon/Valdez, BP... ) but BA ain't going out of business for the reason you stated plus its govt sector programs.
- Sep 8, 2014
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I bought Exxon after the Valdez disaster and cashed in big-time (I usually just leave any profits in the account and use it for other investments, etc), but for the first time ever I took most of the profit (around $8k) and used it to party in Vegas for my 40th birthday. lol I'm not sure if it was unethical or not, being in the CG at the time - I was seeing all of the daily ops reports and knew good and well the stock would bounce back. And I'm sure BA will as well - I'm just not getting into it (yet). Ya'll let me know when the green light turns on for it though!
- Jul 29, 2014
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- Jul 15, 2014
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No... the program is buy "and go to sleep"... not "buy when it inexplicably spikes, then watch it bleed... repeat"
- Jul 29, 2014
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Good thing I followed the options on that one....got out at around $2.20 and made a $500 profit....it's currently at 0.17 cents....No... the program is buy "and go to sleep"... not "buy when it inexplicably spikes, then watch it bleed... repeat"
- Jun 12, 2014
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Surprised RTX is on that list.
RTN bought UTC and the resulting company RTX probably gets more than a quarter of its revenue from commercial business.
- Jul 15, 2014
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RTN was on the original list 20+ years ago, but I agree with you on RTX. @bradgator2 and I had a discussion regarding the change and I said back then that I'd probably drop RTX from the list for that reason... it's all I can do not to type "RTN" whenever I bring this "buy and go to sleep" defense strategy!
I leave it on there because it was just always one of those 5. That said, it has nowhere near the commercial risk of Boeing, but yes, it violates the "rule." That said, it's rocket/missile stuff is booming right now.On that note, it also shows you how shallow the supply chain pool is in defense (and the war in Ukraine has really exposed this). RTX has tons of new contracts for rockets/missiles... but they can't produce enough (not even sure how many they actually produce at all) engines on their own, so they get them from Nammo... Nammo is stretched thin too... on and on. The ramping up of supply chain infrastructure right now is huge for all the ammunition producers.
- Jun 12, 2014
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And nobody really wants to build up all that infrastructure for a one time buy.
- Jul 15, 2014
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That was true through all the boom/busts of the last 20 years (post 9/11) for SMALL arms ammo caused by a mix of military use overseas and commercial "Obama!" type fear on the commercial/domestic front... so NONE of the "bigs" ramped up infrastructure during that time because it would have solely been on them to do so with no govt support and then yer stuck with extra shifts/infrastructure you don't need. Ukraine has caused a different reaction globally for medium and especially large caliber ammunition. Govts are backing/paying for the bigs to increase infrastructure. As I've pointed out before, GD was fronted $1B to get going on 155mm production under a true WW2 type contract of "we're funding this with $1B to start right now, we'll add more as needed, GO!"
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