With all of the turmoil at Boeing currently, is it a buy, or a wait and see for a moment.
I would never suggest searching the dumpster bin for stock ideas. There are SO many reasons that Boeing is messed up and it will be YEARS to get out of this…if they make it.
If they get a Govt bailout, then maybe the look like the car companies after those bailouts, look to those for guidance here.
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I have note done any sort of deep study of Boeing, but personally I wouldn’t go near their stock. If I had a choice I would rather not fly on their planes either. Such a sad mess of a once glorious company.
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When I saw Boeing had peed away so much money they were in negative equity, I dumped the stock, years ago. I have been watching the outfit collapse, from a safe distance, ever since.
Steve
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