Otter's BA Fast Graph chart says it all. No numerical measure justifies BA current SP. It's index position in this euphoric market has spared it so far. IMO they are trying to finance the next few dividends and avoid layoffs. They'll be fine, and I'll go long in the end. Nobody knows when "in the end" is. Trust isn't regained overnight, and 40% of their income stream is deeply in doubt for years. They have issues in the defense contract side as well. They owe some compensatory money to a whole lot of people.
Nibbling some high div stocks that haven't run too far. Adding some shares and/or selling puts in PFE, IP,ADM,OLN,DOW today. Having a LOT of trouble finding places to employ excess cash.
Nibbling some high div stocks that haven't run too far. Adding some shares and/or selling puts in PFE, IP,ADM,OLN,DOW today. Having a LOT of trouble finding places to employ excess cash.