Looks like catalysts are starting to stack in favor of HIGHER UPSIDE REWARDS & lower downside risks on Boeing with the NEW, fast, $5.-, 15min, NO LAB, Covid test with FDA Approval yesterday (& due out next week or two).
Europe announcing 737 MAX Certification test flights next week or so
Successful Canadian authorities 737 MAX Certification test flights (during the last 2 DAYS)
Trump pressing "Phase 2" U.S. China Trade Deal worth ~78B to Boeing for 737 MAX planes (with MAX certification & likely prior to October); just in time for re-election stretch-run!
MORE military, defense, & security sales to be announced; with product for delivery...
400 Boeing 737 MAX planes (@ $100mm to $140mm EACH) already BUILT, ready-for-delivery with FAA CERTIFICATION announcement forthcoming
U.S. certification is said TO COME (in concert with global approval of same) shortly after the 45-day public-review & commentary period which ENDS Sept 21st.
So we should have FULL DISCLOSURE & final approval well in advance of the Holiday Travel Season, vaccines, mass production of NEW, fast, $5, 15min, NO LAB, covid-test (~50mm units shipped) & expected to be delivered by end of Sept so.... Lots of developments that could warrant PR's, SHM, more insider buying & the like as we can now see the light at the end of the tunnel here! Boeing could easily re-test $239 & climb higher with ANY MAX Certification NEWS &/or approvals! GLA
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