Bearish
@jpull79169 as a bear, I am sympathetic to those who lost their lives. But, it doesn’t bother me at all regarding how the 737-800 went down. The market priced in the missile strike and faded off on Thursday afternoon (see picture). After market close the news on the scale and depth of corruption of Boeing staff and management which encourages shorting the company. The fundamental reason to short is the magnitude of impact each month it costs Boeing to not produce 737 MAXs (6 billlion = 115 million x 52 month) + penalties and compensation for the 800 grounded planes 800 million a month + key supplier layoffs implying production won’t ramp anytime soon that makes a perfect storm. Do some due diligence and save yourself some money!
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