Boeing Company (BA)

[str8_chuter]

Porgie,

Your experiences with BA are the norm. Top management checked out long ago but the decline picked up steam once McNerney took over in 2005.

No way for BA to survive apart from selling itself off in pieces to make good on that enormous debt pile. Negative $26/share net tangible value so shareholders own nothing here. It's all owned by the bondholders and pensions. Odds are the company ends up in bankruptcy court. Sure, the company will continue on but the common shares go to the graveyard.

Before anyone chimes in that BA will get a guv bailout, that makes no difference for common shareholders. Still get screwed. Just ask the shareholders of Government Motors when Barry provided a "bailout".