LauriElias

Boeing - thought dumb FUD, but problems are real

Long
LauriElias Updated   
NYSE:BA   Boeing Company (The)
I went long because I love buying dips, but shouldn't have: spectrum.ieee.org/ae...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.
Comment:
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.
Comment:
A gap up? Lol.
Comment:
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.
Comment:
This could still lose half and it'd be normal 2016 prices. Ouch.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.