Boeing Company (The)
Long
Updated

Boeing - thought dumb FUD, but problems are real

176
I went long because I love buying dips, but shouldn't have: spectrum.ieee.org/aerospace/aviation/how-the-boeing-737-max-disaster-looks-to-a-software-developer

I'm hoping for another slight recovery to cash out about ~5%. I'd say BA is a mediocre short candidate.
Trade active
Bought at 374.98 on 2019-03-14.
Note
Need to get out of this dumpster fire asap : )
Trade closed manually
Took the loss @358. Not getting on a MAX anytime soon and I'm probably not alone in this.
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A gap up? Lol.
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Looks like there's lots of interest to spin the news either way:
mynorthwest.com/1421554/boeing-employee-max-plane/

Zooming out puts any kind of FOMO to rest in my case.
Note
This could still lose half and it'd be normal 2016 prices. Ouch.

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