Boeing

[bjl584]

Any thoughts on Boeing stock?
I made a nice profit scooping up BP during the Deep Water Horizon oil spill.
I'm wondering if this could be a similar buying opportunity.

[disneysteve]

I had the very same thought. I don't think the company is going away. This could be a great buying opportunity.

[corn18]

Do you know something someone else doesn't?

[disneysteve]

Do you know something someone else doesn't?

Nope, but Boeing is a global aerospace and defense manufacturer that's been around for over 100 years. They make everything from commercial airplanes to missiles to satellites. I can't believe the company will be driven out of business by two plane crashes.

I'm not running out and buying stock because it's not what I do, but if I was an individual stock guy, I'd certainly see this as an opportunity.

[corn18]

I see no buy signal in the data. If you want to take the risk and catch a bounce off the crash, I think you are too late.

And everything you just said about BA was said about GE also.

I'll continue to hold BA in my index funds as always.

[disneysteve]

I see no buy signal in the data. If you want to take the risk and catch a bounce off the crash, I think you are too late.

And everything you just said about BA was said about GE also.

I'll continue to hold BA in my index funds as always.

I haven't been following it so I didn't know if it already recovered. If it did, that's good but the bounce is gone.