Boeing stock takes another beating

Discussion in 'Business, Investing & Finance' started by GatorInGeorgia, Mar 12, 2019.

  1. BMF

    BMF Bad Mother....
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    So, just to show how much of a retard I am: it went up to $185 yesterday.....and is up to $203 so far this morning....
     
  2. BMF

    BMF Bad Mother....
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    $207 at 10:50am....unbelievable!
     
  3. bradgator2

    bradgator2 Rioting
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    My ave cost is $97.69. Currently up 120%

    Let it ride!
     
    • BMF

      BMF Bad Mother....
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      My average was around $107. I sold about half of it at 170....letting the rest ride.
       
      • FireFoley

        FireFoley Senior Member
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        Don;t care where its been, you care where it is going. Can't lament what ifs, gotta find the next one. None of you ever went broke taking a profit. Would you had rather bought it at 300 when everyone said it's down from 430 and you have to go all in and then watch it swoon? Hindsight. we all have it. Be glad you are in the "black" (can I say that?), instead of deep into the red.
         
        • BMF

          BMF Bad Mother....
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          BA is up $26 today! I'm such a tool!
           
        • FireFoley

          FireFoley Senior Member
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          Gotta let it go @BMF, you are in the chips. Look at CHK today it is up 113% from 24 to 52 in ONE DAY. And they are bankrupt! What if you did not extract your cost out of BA and they found another software malfunction with the MAX or the Kung Flu struck another 10 million people. All of us have made these same moves and said the same things. But I would still rather be on the right side with some than the wrong side with any or all.
           
          • FireFoley

            FireFoley Senior Member
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            5 minutes later and CHK is 58, up 34 dollars on the day. What could have been.

            By the way @BMF, if you are not happy with what shares you have left of BA at $225/share, I would gladly take them off your hands. All you have to do is turn that stock certificate over and endorse them over to me. I will gladly accept them. :)
             
            • BMF

              BMF Bad Mother....
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              Suck it Foley!
               
              • FireFoley

                FireFoley Senior Member
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                CHK up 150% now to 62. Wow Hertz might go to 10 this week LOL
                 
              • Detroitgator

                Detroitgator Well-Known Member
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                Son #1 bought CPE at the open today...
                 
              • FireFoley

                FireFoley Senior Member
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                That is good stuff. Amazing how fast these stocks can explode just when it looks as tho they have imploded If oil prices can get and stay above 40 some of these companies might be able to squeak by.
                 
              • FireFoley

                FireFoley Senior Member
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                Whether we invest or we trade, this last week or 10 days is why I like to sell on the way up b/c when the music stops those prices don;t stay long. JPM hit 117 the other day below 100 this morning, BA 230 2 days ago, 180 this morning. CHK from 77 to 15, HTZ from 7 to below 2, RCL from 78 to 56 in 2days.
                 
                • BMF

                  BMF Bad Mother....
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                  Agreed. Stocks seem to be way overvalued...so taking a profit is going to be my priority going forward. I'm not going to touch my mutual funds, but I'm going to let go of some of the stocks.
                   
                • Detroitgator

                  Detroitgator Well-Known Member
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                  CHK, HTZ, and American Airlines are kind of a funny story... seems that the robin hooders outsmarted the smart money... they moved the bankrupt stocks enough to trigger the algos, which then bid the stocks up massively, then the robin hooders bailed leaving the "smart money" stuck with the bag. Citadel, bastion of "smart money algos" got stuck the most.
                   
                • no1g8r

                  no1g8r Bringing Reason to the Masses
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                  It’s as if the Robin Hooders stole from the rich and gave to the poor
                   
                  • FireFoley

                    FireFoley Senior Member
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                    Good call @BMF as I saw BA around 154ish this morning before reversing course. You mentioned going back in possibly at 150ish. Nice call.
                     
                  • BMF

                    BMF Bad Mother....
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                    Schwab has fractional shares options, so I've been doing that w/ some of these stocks I own (adding half a share - especially w/ the highly priced shares). After the election - hopefully the democrats will let the economy reopen - I'm confident BA and the airline/travel stocks will make a modest rebound. I'm not sure where the rest of the economy goes if the dems take the WH though.
                     
                  • FireFoley

                    FireFoley Senior Member
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                    :flush::flush::flush::flush::flush::flush::flush::flush::flush::flush::flush:
                     
                  • BMF

                    BMF Bad Mother....
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                    No sh*t (pun intended). It's a scary thought!
                     

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