Boeing stock about to be worthless

it will never reach zero then

Failure of the 737 max, a bunch of airlines cancelled orders for them. Now with air travel going down around the world it's just going to hit harder.

>107$ a share
>worthless
Get a fucking job, loser.

Maybe It"s a retarded question but can someone answer me?

If I buy cheap stock then will I be able to sell it at a much higher price when this shitshow is over? assuming the company doesn't go bankrupt

If it's the case I'm planning to buy insurance/gas companies stock they'll never go bakrupt anytime soon

well played leaf well played

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I haven't flown in a plane since 1997

who even flys anymore?

Yeah. Everything air traffic is still taking it hard. Boing among the hardest.
Most other stuff have leveled off for now.
Insurance companies excluded, and for some reason, Tesla who's still dropping hard right now.

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S

Serves them right for stealing all of the commercial space funds. And screwing up NASA sls. End this corporate welfare now

Good. Fuck Boeing. Run by monkeys and supervised by clowns.

This is a mystery indeed. tp shortages should have minimal impact on Boeing

I'm guessing battery industry is very reliant on a working global industry, especially chinese output, rare earths, etc.

If it's a Boeing, I ain't going.

Are you sure? They produced a lot of shit lately.

I'll buy some at $10

It'll be a automotive style bailout, anyone holding 'stock' is going to get wiped out at bankruptcy and the gov takes over. Don't fucking buy it expecting the 'bailout' to not fuck over retail investors

The 737 MAXimum flop might have something to do.

It means it will be a great deal when it bottoms out.

seriously, buy now
Boeing was second on the list of Top 100 US Federal Contractors and will be bailed out. They make more than shitty passenger jets

If its a Boeing, I'm not going.

>nobody is using/buying planes
>now their employees have corona
seattletimes.com/business/boeing-aerospace/boeing-employee-in-everett-tests-positive-for-covid-19/

good point

They make a popular, expensive fighter that keeps having issues with its BAE Systems subcontractor components.

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Kek

Sorry that's old. They are up to 11 cases now.
heraldnet.com/business/companywide-boeing-reports-11-confirmed-cases-of-covid-19/

Chicago is going bankrupt and perhaps some of the larger and older Chicago companies are exposed in way that comparable non-Chicago stocks are not.

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Doum
@DoumDoom
*LUFTHANSA CUT TO JUNK BY MOODY'S; MAY BE CUT FURTHER

Deutsche Bank is next.

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>planes
>pandemic
don’t mix very well

They were making US weapons in China. That's bot going to happen anymore

The most underrated post in the history of Yas Forums

Company deserves to cease to exist. Let it fall, sell off the contracts and assets. You know, how a capitalist system is supposed to work.

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less flights, less need for new airplanes, limited overall production capacity was the only thing keeping orders of the PR-disaster max from being cancelled.

That's has nothing to do with anything. Boeing is dog shit because they hired a much of poojet programmers and paid them slave wages

Boeing is also military.

If America can’t money printing their way out of this mess, they’ll start a war to try and fix the problem, the Boeing will go back up.

Buy the Dip

TSLA will start to manufacture planes instead
Boeing is going to go bankrupt

source on this? also I heard women are to blame too.

WHY DO PEOPLE NEED TO FLY ANYWHERE?
SO YOU CAN TAKE DUMPS IN OTHER PLACES?
YOU HAVEN'T CHANGED THE WORLD FOR
THE BETTER AT ALL AND SHOULD BE LOCKED
DOWN.

Batteries are from China, no?

this, Trump himself basically said he was going to prop up air travel

The problem is they may let the whole thing bottom out and then force mergers and bankruptcies/new stock. Hard to say who will be the ones to benefit. Probably better to stick with target Vanguard Mutual Funds.

Thats Lockheed F-35s in the picture. Boeing makes the F-15 and F-18.

>Invent a plane that suicides itself
>Nobody wants to fly because of corona
>"Um, why is this stock dropping??"
Retard alert.

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theatlantic.com/ideas/archive/2019/11/how-boeing-lost-its-bearings/602188/
>Meanwhile, experienced Boeing engineers rolled their eyes as some software-development tasks (not specific to MCAS) were outsourced to recent college grads earning as little as $9 an hour, who were employed by an Indian subcontractor set up across from Seattle’s Boeing Field

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I bet you could get a great deal on a built 737 Max right about now.

What the fuck do you do?

plane don't fly, plane don't sell

isnt boeing building a fucking moon orbiting space station right now. buy the dip i guess. stonks and so forth. boeing has and always will be a big swinging dick despite whatever temporary fuck ups.

The 737 Max’s flight control system was made from toilet paper.

Boeing builds planes that don't work with capital they don't have to airlines that don't want them and aren't flying anyway.

Boeing could go bankrupt, but what would happen is someone else would buy them up and continue manufacturing the same parts and airplanes under a different name because research and development is astronomically expensive and all the tooling to create slightly old planes already exists.

The government won't let it go bankrupt for the same reason they bailed out amerishart motor companies: the police, emergency responders, government employees, and utility companies all buy in bulk from those companies and pay them to maintain and build them at reduced a reduced cost. Airplane parts are always in demand while someone is flying, the flight industry is probably one of the most consumptive markets (billions of parts always need replacing, everything is patented so companies hold monopolies over a single part, and custom parts always need to be manufactured for glownigger/army planes) to ever exist on planet earth.

>downgraded further
than junk? what is the next level? junk minus? double plus junk? shittrash?

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>US government will never let it go bankrupt.
Lol, you greatly overestimate the power boeing has now. The only thing the USG cares about is keeping Boeing military tech and knowledge out of foreign hands. Boeing's commercial division sold out the US years ago when they moved production to china, japan, Europe and india. They fucked up on the 737max then doubled down by denying it.

BUY
THE
DIP

THIS IS NOT A DRILL

BUY
THE
DIPPERINOOOOO

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