04-02-2020, 04:38 PM
(04-02-2020, 03:15 PM)divmenow Wrote: RTN what a POS. They took it down $4 In 10 min. Worst investment this year for me, Tomorrow is merger day. Let’s hope if gets better lol
I added to PEP, WEC, CCI, STOR and yes BA right before the close lol. Just a starter position. I will add bigger if it’s get close to $100 or under.
BA is going to require some patience. They recently said a couple years to recover and that sounds reasonable given the fact they are already in trouble and one of their customers are in any position to buy a jet. BA BIZ isn't going to spring to life when the economy tries to recover later this year. The stock might though. Who knows? I'll be tempted if it settles out below 100. I'll have to be paid to wait years for a dividend.
RTN has to be suffering from their exposure to aviation via the UTX merger. All the industrials with aviation exposure are down about the same.