Beauty is in the eye of the beholder
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It’s hard to say what you know.... making a living off the stock market can be really easy, especially if you start with more money than most people will make in 10 years. Say for instance you inherited a million dollars from your parents when they passed (like I will) at which point you would only have to keep your million in a stock offering 8% annual dividend and make a better living than 90% of the world... I’m not really impressed by Boeing’s 2.5% dividend, it was probably nice when the stock was showing 200% returns in the market... those days are far behind for this stock. The dividend is most likely the next thing to go, a 90% decrease on profit, Im sorry next quarter will bring this to $280, wouldn’t hold it unless I was looking to get a decrease on tax, but is worth the 15% short term loss? GLTA
Boeing 737 MAX rebranding as the Boeing 737-8200
“Ryanair has also said that it won’t tell passengers if they’re flying on a Boeing 737 MAX, having been spotted rebranding the type as the Boeing 737-8200.”
“The Air Current in November reported that the 200 capacity variant of the aircraft produced just for Ryanair had design issues, separate to the aircraft’s general MCAS related grounding.”
https://simpleflying.com/ryanair-buzz-boeing-737-max/
Boeing sued by longtime parts maker amid leadership struggles for aerospace giant
https://www.geekwire.com/2019/boeing-sued-longtime-parts-maker-amid-leadership-struggles-aerospace-giant/
Boeing Reports $8.1B In Cancellations
https://www.google.com/amp/s/seekingalpha.com/amp/article/4313931-boeing-reports-8_1b-in-cancellations
Things have only gotten worse... inaccurate
http://airsafe.com/events/models/rate_mod.htm
3x5 cards?? “Boeing Fell short” WOW
Worst strategy communication team, it’s almost insulting to the victims.
Look at the language Boeing suggests Flight Attendants use Boeing prepared for airlines to share with employees such as flight attendants, the company suggests that airlines say: "Boeing understands that it fell short and let us down, as well as the flying public, and it has committed to continuous improvement and learning."
https://www.smh.com.au/business/companies/boeing-s-secret-plans-to-win-back-flyers-after-737-max-scandal-20191226-p53mzb.html?ref=rss&utm_medium=rss&utm_source=rss_business
Cut losses, scrap max, re-engineer, build back consumer confidence.
“40 percent of regular fliers said they would be unwilling to fly on the Max.”
https://www.nytimes.com/2019/12/24/business/boeing-737-max-survey.html
The accumulation of shares would provide the opportunity to sell calls and puts, providing premiums to fund the option purchase costs. BA is not currently a good candidate, you would prefer a stock with upward momentum so you could put more weight in your calls. Raytheon is on my radar, pun intended.
My stop loss would be more effective in a straddle position, similar iv and oI, but using the stock price and pivot points to drive my ins and outs. The stock price goes up, I sell my call position while holding on to stock. Price goes down, sell my put position, depending on the momentum of the downward tick, you either trigger stop loss, which results in 50% put increase, or momentum keeps price above stop loss, you sell out option positions while holding on to shares. The accumulation of shares can increase at the end of each day when new shares are added from the sell of calls or puts and new positions are established.
Your stop loss may be set up differently than mine, my stop loss would prevent unforeseen momentum from driving a leveraged call or put. The return on the option should cover the 1.5% in lost value from re-establishing a position. A 1.5% change in stock price will often lead to 60-70% changes in option price. I think Uncle Sam likes successful option trades far more than conservative share movement. I guess if I had the wealth, I would have a large majority of my shares in positions to counter current days movement. As it is I’m balancing my books rather well on annual traded value of over 2million... that’s not calculating the relative value options could potentially hold... at which point my annual trades would be in the $100 million range.
What would BA merge with, if MAX gets Axed?
I forget you’re a non trader... typically a position relinquished in a stop loss can be re-established that same day. If you aren’t using it on million dollar trades, then you have millions of dollars to lose. I’m saying not everyone holds the wealth that you (gonna throw a shot in the dark at $16 million) and buffet hold. Nor would I recommend trading like you or Buffet to create wealth... I imagine my 10 dollars goes further in my trading style than your investment strategy...
That’s weird, I work in the events space focused In financials, HSBC, Roche (Genentech in SF), Charles Schwab... I do about 85 different shows a year, a majority seem to bring up this EBITDA. From the thousands of balance sheets I’ve read (possibly in the 10’s of thousands), and the twelve years I’ve been following companies and trading in the market... I’ve yet to see a company with the PE and debt to cash levels BA is currently trading at. I suspect a Chapter 11 in order to scrap the costs of a failed 737 Max. That’s where i see this Stock next 18 months. Maybe they pull out of this, but regulators don’t seem pressed to get planes in the air, when there is a perfectly safe alternative out there.
GLTA
Fundamentals EBITA 2018 Q1 3,392 2019 Q1 1,850. Revs down 20%
Q3 revs down 20% yoy, operating cash flow negative 2billion
I hope your investment strategy is different than Buffetts... sure you can hedge your positions and set all the stop losses you want and never have to look at your computer screen, especially if a .03% change in price will result in a million dollar return on investment. Feel free to try and trade like the billionaires... I’ll continue to analyze stocks with metrics and technicals because believe it or not... that’s how they trade. The technicals and following of momentum give better insight into the direction money makers are taking a stock. Trends lead to predictable nature....
Short interest increased to 26 percent of daily volume, similar to March levels although on light volume. Will need 6 million volume to break $328 support 8 million volume to break $326. Average of 1.4 million an hour. A break of $326 support should result in sell off momentum below $324 @ 9.8 million shares. Friday the 27th would be your 11 million volume to $316. GLTA
You might be looking for HXL, they have been trading down every time bad news surfaces in BA.
Happy Hilidays
That’s like saying the reason the 49ers are going to the playoffs is because they just built the most expensive stadium. I realize the company has significant influence from many institutional investors, that doesn’t mean they didn’t just fumble the ball on their own two yardline. I personally like stocks that outperform their sector, and show increases in their ebita and lower margins. With the way Boeing is performing they’ll lose the leverage they’ve had in a monopolized industry literally overnight. This is no place for the weak, there is no margin for error when human lives are on the line. They couldn’t even get the astronauts their damn Christmas presents! Let’s see if Calhouns cronies can keep him in the air one more quarter. I’m calling him guilty by association, greed before need, $280 before $360. GLTA
Title of Article is weak...”Systemic Problems May Remain” no shit systemic problems remain... I just put a more realistic spin on the synopsis. If BA doesn’t take serious strides towards changing the culture they will be blown over by competitors. Space X docked, Airbus delivered, GE Keeps the motor running. I seriously think many of the members of the board will be charged criminally by the time all of this is done, we may be at the beginning of the biggest meltdown of the 2020’s. The only thing keeping the stock afloat right now are David Calhoun’s Billionaire buddies over at Blackstone.
Nothing in the article suggesting a disaster? Did you fail to see that military and defense products are missing timelines, bleeding cash and loosing confidence? Coupled with a failed Starliner mission and free cash flow getting eaten up due to the Max grounding at 1billion a month... Boeing looks like it will be cash flow negative by May next year if lawsuits for undelivered ships top 6billion estimates and are more realistically 15 billion and 6 billion in lawsuits for families settle around 9billion...
I understand this is a $186 billion dollar company, but from the way this turn of events has read, including the confidence in the former CEO as of just last Friday... it seems like this company is on the brink of disaster. Let’s see what this next round of emails exposes, and what kind of legal repercussions will entail.
I’m sure you’re optimistic in the recovery of this company, I just see little to be hopeful for as they continue to shit the bed time and time again similar to our friend PG&E
BA on the brink of disaster as former head of defense sector fired..
https://breakingdefense.com/2019/12/boeing-ceo-out-systemic-problems-may-remain/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BreakingDefense+%28Breaking+Defense%29
Well they did just sell 40% of the company... so there is that.
Waiting to hear about first customer... I’m sure D’Agostino would like to see some profits before his 80th birthday. If you can’t secure sales during the biggest Biopharma pump and recent China trade news, then I highly question your ability to generate revenue and secure capitol/institutional investors.
FYI there are new needle disposal bins on the side of every trash can being installed in San Francisco.
Put a buy in @.01... never filled
If KMAG went dark you wouldn’t know it was a business. The point of going dark is avoiding other companies from stealing secrets, but above all avoiding government regulation. It’s known that KMAG was doing its RFID tag production and manufacturing in China. If it were the case that China sent KMAG Cease and Desist letters, or the company was worried that government regulation would have resulted in excessive taxing or potential for discontinued operation then it may have been in the companies best interest to start a Chineses business as opposed to being an American company running operations in China. Under said circumstances it would not have been financially feasible or responsible to continue to attempt trading a small cap corporation until revenues had reached a level to make the stock (And fees associated) worth while.
You may have lost your shirt in this high risk micro penny trade, but there is still the possibility that operations continue and that by this time, 10 years later hundreds of millions in revenue have been generated. Or nothing happens and we have the same value stock we’ve had since the company went dark or out of business. I like to think that the recent volume represents senior secure notes being filled to finance new operations with a re-compliance filling on the way. You can continue to think this stock is worthless and nobody is the better or for that matter the worse... I like to be optimistic, not an angry, bitter disrespectful Donald Trump.
You see a bid and ask?? I can see that shares were traded, I can’t see what the agreed upon price was. For instance it says the 100 shares that traded today traded at .001 which would be a 10x in value of the stock. Your Post proves nothing and does not support your argument. I can see as much information as everyone else and clearly it is not only inaccurate, it suggests that transactions are taking place behind open doors and not within the open market. It’s on the Greys there is no reason they have to disclose anything.
540k traded today, the light is getting brighter!
I don’t know about you, but I can’t buy any new shares of KMAG on the open market, so to infer that these shares are worthless due to no demand is hearsay. Once again, the price of a security is based upon the agreement between the buyer and Seller. I put in an order for 60k shares earlier this week @.0001 and it never filled.
Good math Elvis, 40k shares is worth whatever the agreed upon conversion or sell price is. A distribution of shares at .0001 can be worth much more than $4. Due to no real information as to the value of the company or the fundamentals, 40,000 shares could just as easily be worth $40,000. Do you know the outstanding share count, or for that matter the secure senior notes outstanding? The value of the shares are usually established through the debt they represent, not necessarily the dollar value they trade for.
40k went through today...what if it really is Dark...
Is the light at the end of the tunnel??
FLST —-> Airbus > Boeing it’s really a shame FLST got caught for kickbacks when we all known damn well every major oil company is in the pockets of every pos sitting in the White House and person of power around the world. The American way! Take out the little man, as the rich get richer, the poor grow poorer.
Well I generated 800k in volume on Tuesday.... but I’m not going to give my shares away if someone holds the price down for no reason. This could fly if people were smart enough to let it.
2 more days of this volume and we’ll be over .005
I’m right here, break out this week.
Got caught up day trading options during quarterly reports.
He then bought 10% of outstanding shares in January... I think there is more to this than just converting promissory notes
First! Bought some 5/17 $17.50 call options today.
Tesla should make an offer on PLUG, get em while they’re reasonable.
Holy Sh!t 1milliom shares traded!!!
Who knows what the share structure is since the recent reverse split last year.. TD has the OS at 4.4 million. I think it's noteworthy to mention that the former CEO of FLST'S main affiliate was sentenced to a 50month sentence for kickbacks 50months ago... Could this sleeper be coming back to life with the release of Wagner??
https://www.justice.gov/opa/pr/former-owner-airline-fuel-supply-company-sentenced-prison-role-scheme-defraud-illinois-based