03-11-2020, 02:48 PM
(03-11-2020, 02:16 PM)Kerim Wrote:(03-11-2020, 10:13 AM)fenders53 Wrote: Capitulation is finally here for BA.
Dropping like a stone right now -- $190.
I found no joy in posting that before I even saw a price quote today. BA is a fine company that made a few bad decisions. I've wanted to buy for a year but the market would not accept reality of their short-term future. The virus was the last straw. BA is probably going to have to borrow their dividend, or make some painful cuts to staffing. They may do both.