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Awesome, new 52 week high, congrats to us all
Lets set a new 52 week high
I would not be surprised if BA rises into earnings and/or pops after.
I am glad I made you laugh. This morning I exited my 4th round of shorting BA. I did not want to be short going into earnings as Boeing may project forward guidance to be better than it actually is.
Have a nice day
True, plus Trump is pissing off the EU with tariffs. The EU is always looking to stick it to the US.
EU Press Conference concerning boeing. No faith in FAA and do not care what US thinks. EU will do its own review.
Same here. One of the reasons I covered most of my July $15.00 calls so early is because I think NGL could run. I sold them for.40 to .45 when the stock was $12.25 and covered them at .50 to .55 for a small loss when the stock was $14. I probably would have been safe to hold them through the up coming div but did not want to take the chance.
$20 would be nice
Overall volume has been thin but the price is holding up. Volume should pickup soon. The declaration date is historically between 4/19 and 4/27 & Ex-Div between 4/30 to 5/8. Clearly .39 is a slam dunk but I would not be surprised if NGL hinted at an increase once the stock price warrants it. They have already said that the div would not increase until the stock price moves up.
I was glad to see the article, with pop and a few more dollars, I will short again.
Yeah, it is interesting. Historically, we would selloff after earnings/div, and slowly rise a week or two before the next. This is why I covered most of the covered calls that I sold. Could have been a mistake but if we can pickup $75 to $1.00 I will resell them, maybe. If we can get another stellar earnings report, we could be looking at $17+.
Just my 2 cents
Congrats, did you cover your short?
Lol, not really. Actual price paid was $4.958.
I put my order in pre market when I could see $5.17 ask. I also have an order in at $4.75, $4.50. I will do the same thing tomorrow morning if I get a chance
Picked up another 500 @ 4.95
I like when shorts come out in force. Either I get a quick dip or the stock runs. regardless, it shows the stock is getting noticed
I do not know about deserve going to zero but I think management has to be held accountable. For me, they had an opportunity to do the right thing after the first crash, instead they blamed the pilots. Even that, they got away with it and if they would have put full effort into getting the software fixed, the second plane would not have crashed. Just my opinion
Regardless, I will look to renew my short on any bounce because I still do not think all of the bad news has been priced in. Earnings are in two weeks and I think that will disappoint but who knows. What I do think is the planes will stay grounded longer than people think. Even if the FAA passes approves the plane for passenger flight, you still have China, Canada and EU (EASA) that will do their own review. What are the chances that they will approve the plane to fly in an expedited fashion.
I also believe that even when the planes pass review by the FAA, they will either be half full or airlines will have to reduce ticket prices to get people to fly on them. I also think, the longer this thing goes on, the more fear it will build in flyers. Again, all just my opinion.
Thanks man.
Next time the stock pulls back, I will be ready. This morning, it dipped and recovered so fast, I just never caught it. It dipped so hard, I took just a minute or two to look for bad news. Then I started chasing, then tried to get ahead of it but by that time, the price really started coming back.
I got your message and really appreciate it. I do not have a paid account (too cheap I guess) so cant respond. Thanks for the info.
Jugs, I will send you a response tomorrow on moving to France. The move will not take place until early next year (at the earliest)
Good luck to us all
Appreciate.
Nothing earth shattering about the news but it does confirm what we all assumed. An interesting update is Jet Airways. I think tomorrow is the last day to find a buyer. They ordered 205 737 Max 8. Even if they get an investor, I suspect they will decline the order while they reorganize. That is IF they get a buyer/investor.
https://indianexpress.com/article/business/companies/jet-airways-sale-as-deadline-nears-sign-of-a-strong-bidder-yet-to-emerge-5667606/
I like it, right there with you
Congrats. I was on it fast but could not catch it because I was trying to get a better price. Not allowed to do market order but by the time I adjusted the price, it kept moving up. Next time I will get it.
May have a chance after the buying drops off
Just covered my short at $368.35.
I think it falls further but will take profits here and if it bounces, will reshort. Down $24 in two days is a lot, no good news out but I figure bad news saturation may be taking effect.
Just closing the loop on this trade
Just FYI
I previously posted that I sold 110 covered calls for .45 cents. These were July $15. I am buy these back for a loss of $10/contract. I think it is a coin toss on what to do but NGL has been strong so I will buy them back and either resell if they pop or just wait
I am thrilled for those who have been holding for a long time.
I just got involved and have an average purchase price of $3.71. When I watched the videos and did the research, I was amazed by the skin regeneration product Avita has. I was blown away when I saw the news story about how it saved the life of a woman who was dying from flesh eating bacteria. She did not have enough of her skin left to do any more graphs so they used ReCell as a treatment of last resort. I thought it may have been a BS or planted story or maybe a story that was exaggerated. Nope, real woman in Arizona, even found her FB page.
The reason I am thrilled for folks who have owned it for a while is, it is nice to see people with vision and courage get paid off. This product has been out for a while and I thought "if this is real, how is every Hospital and burn unit not using it:?". I thought maybe I was missing something because if true, how was this not a $15+ stock? The product seemed too good to be true, something has to be wrong or this would not be a penny stock. Relatively speaking. Actually, my main concern was the product was so good that a large US company had a similar product.
Man, this thing has HUGE potential for cosmetic surgery, not just reconstruction but true cosmetic usages. Some people have held this stock for a while and I can imagine them thinking "why is this not taking off?". Also, before I retired early, I was an executive in Health Care Insurance company that did cost reduction for most major payors in the US. I can tell you this, Insurance companies and hospitals will be "chomping at the bit" to use a product that reduces costs. This product cost less for current similar graph, improves healing time, reduces days in hospital, fewer readmission, CHA-CHINGE!
So I say to you, CONGRATULATIONS!!!!! I own a mere 5000 shares but I am not crying for what I did not buy, just happy for what I did. I had little money left after NGL and had set aside $ to short Boeing if it closed above $390. So the money I set aside for Boeing was used so that worked too. Having a great time, just a different party.
Seriously folks, may your good fortune continue.
Maybe we hit 3 mil shares traded
Could not have said it better
Situation is bad enough, no need to make stuff up
I will take it
I suspect this will not be an OTC stock much longer...
I hope you are right.
Trueheart,
I hope I am right because if they knew and hide it, they are unethical. If you are right and they just did not understand the extent in which MCAS worked, they are incompetent and that makes me nervous for any fixes.
I think Boeing is too smart not to understand/
Long term, Boeing will be fine, it is supported by our government. I think it will be a rough road with wild swings.
As far as responsibility goes, the list is long on who should take ownership but it does not happen in the world we live in. I think topping that list is Boeing, they should have done a better job after the first crash but instead, they blamed the pilots and started selling their stock. Inside sales of stock in the 3 months following the crash were 4 times what they were the previous 9 months combined.
I am sure all parties could have done a better job but hiding the MCAS system to sell the plane as only needing 1 hour for training was not the ethical thing to do. Just my opinion.
I appreciate that but I try to rely on luck but will take what I can get.
I also shorted BA, posted that on the boards yesterday.
But it is holding $14,
One of the easiest short calls out there.
It could bounce a little but not worth it, retail pharmacy is facing too many headwinds
Very kind, thank you
I sincerely appreciate the advice so anytime you have some, I am happy to listen. As far as being wrong, I am wrong a lot so we have a good chance I will be wrong on this one.
We will see, its more to hedge my overall portfolio than anything else. Most of my short plays are hedges against my long positions.
Thank you, I really appreciate the advice. Most of my stock is high div stuff but I do like to hold a few short positions to hedge on big pullbacks. Boeing is interesting to me because I do not think people understand how long these planes will be grounded or how bad things will get for Boeing. Boeing just delayed the fix for a few more weeks which could be a month, who knows how long the FAA will take but even then, Canada and the EU will do their own certification. China may also do one. I also think that we have a shot of the planes being grounded until the full crash investigation is done
As far as the options go, they are a bit too pricey, too much volatility baked into the price. With that said, maybe selling some options or doing a collar of some kind.
I shorted some at $393.63
Anyone short BA today?
nothing wrong with that. Respect for anyone who posts their trades.