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Re: andre1234 post# 445

Sunday, 05/31/2020 4:26:45 PM

Sunday, May 31, 2020 4:26:45 PM

Post# of 450

Agreed but they just announced resumption of the 737MAX production, INCREASES in their defense, aerospace & security businesses, & were PAID to develop this ~$4.8B to develop this NEW commercial-flight business NASA is initiating.

AND, because NASA wants COMPETITION,... they've a VESTED INTEREST in making sure SpaceX isn't their ONLY OPTION.

Moreover, the ICONIC 100yo U.S.-conglomerate has been HAMMERED with the covid-19 lockdowns & loss of commercial travel.

ALL THAT has been the DOWNSIDE RISK which resulted in the near-80%+ drop in BA highs. I think it's HEADWINDS were ALL WARRANTED but NOW baked-in. As the economy re-opens, the U.S. begins to RETURN to normalcy, covid-testing has ramped-up & travel is creeping back up the 6-12mo FORWARD-LOOKING markets should start climbing into BA sooner-rather-than later.

The SpaceX success & NASA-support (as heard in recent press-briefings) should bring attention to BA that will help accelerate it's formerly-lagging recovery!

That's my working thesis anyways,...still doing research but I've been ACCUMULATING BA because I don't see the same downside risk that brought it down persisting. And I think the gov't is FULLY BEHIND the company's long-term success & prosperity.,

Saudi's & other foreign gov't seem to be have been buying BA too!

As I said, I guess time will tell...ALWAYS DOES! I'm betting BA tests $180 - $200.00 before Q3 & will bring investors here (around $140) some BIG RETURNS with little downside risk!

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