$BA That might be true if it was for another company
But not Boeing why?
1- Boeing and Airbus control 91% of all airplane market so competition is limited
2- Boeing delivered a total of 806 commercial aircrafts in 2018, up from 723 in 2014 while Airbus delivered 800 commercial airplanes in 2018 up from 629 in 2014
3- The world after Covid-19 will be hungry for travel that won't be easy for one company to fill in all orders Boeing is poised to return full strike on
4-Airbus the major competition for Boeing has its share of disappointments and disasters yet it came out strong and healthy
5- The forecast for Boeing is 300-400 because most of US airlines are guaranteed orders to Boeing for the next 4-5 months
Bearish
$BA ..... DEBATE THE FACTS !
I've seen OUTLANDISH price targets to $300 & $400 that are completely DETACHED from reality:
[] Boeing deliveries are DOWN 60%,
[] NASA-Space Force reputation is SHATTERED,
[] FAA GROUNDED 900 $200,000,000.00 (TWO HUNDRED MILLION DOLLAR) 787 airplanes in EXPANDED INVESTIGATION
[] with POOR quality control, MULTIPLE DEFECTS found in them, & ZERO DELIVERIES for months (where 14 were projected each month; @ $3 Billion in revenues: GONE POOF!!)
[] & adding to CASH BURN & growing losses
....& you got monkeys & clowns making UNSUBSTANTIATED CLAIMS on price with NO FACTS!
[] Institutions DUMPING BOEING left & right, [] RECORD DEBT,
[] no end in sight for the RONA!
[] travel DOWN ~65%
THOSE ARE THE FACTS!! More to come... Stay PRUNED!
View original message