(05-01-2020, 08:19 AM)kblake Wrote: Bought BA in the pre-market. I have missed this stock in the past and I'm not missing it again. I like the news and think this will hit $200 soon. Now that they didn't take the governments money I can see them buying back shares.I have no near-term price predictions but BA survives IMO. They borrowed and incinerated $12B just a few months ago. $25B might keep them floating six or more months until they can actually sell a commercial jet again. Their customers are dying for quarters to come but the defense contracts should keep them closer to solvent. Who knows what stock price the market will apply for the future? I think you will win with BA with a few years of patience. They won't be buying back any shares for years IMO. That is part of what got them into this mess.
Today I have my eye on a few more names.
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