For those who are Boeing employees and have knowledge of its workings, would you buy the company stock even at 30 dollars a share?
11 replies (most recent on top)
As of this post, Boeing stock is almost $200 per share and sits at $199.61/share.
Once again proving I will not be using stock advice from this website. It hasn't been right yet.
The amount of ignorance in these replies is hilarious. I guess this is a cross sampling of fast food workers who have never stepped foot in a Boeing facility nor have a clue about the stock market.
Boeing stock is now up more in the last few days than the stupid $30 overall figure mentioned in this dumb thread. I also love how one person indicated that the losses last quarter were due to the layoffs. Layoffs are an outcome or symptom - not a cause. Revenue went down primarily due to COVID & insanely low numbers for air travel this year. Sure there are other factors such at the MAX, but that is not the primary cause.
Granted there will be other swings in the stock price & this likely will be a roller coaster ride where the stock price swings widely, but to suggest a price well below $100 is beyond dumb. Most of you should still to making coffee or prepping fries - too funny.
It'll hit 80 or less again. Shrinking company. Issued more debt to pay debt. Credit rating one step above junk. I would buy it at 30 though.
3/18/21 should drop below $100? might be a good buy
Gov capital boeing. com
The stock buybacks drove the price up.
If the stock goes below $100 it may be time to buy. But then again no telling how low it may go with all the krap going on.
They need to replace the entire board and president most of who were on the board when these decisions on 737 max development program made. Until then no.
The downvotes are almost humorous. All replies are shared opinions based in historcal fact of finacial realities and how stock price relates to a company wellness. The downvote is also an opinion of the statement, but demonstrates a denial of reality. Boeing is in trouble, it is likely they save themselves, but it was negligence in decision-making that got them here in the first place. Unfortunately stock price represents a larger problem at hand and there's no accountability for these short sided decision makings and actions.
If you’re all such experts, why aren’t you working on Wall Street or for
A well know investment bank.
I can tell you why,
It’s because none of you know you’re a$ses from your elbows
So go back to the assembly line and buck some more rivets…
The reason this quarter earning lost was of ~$400m bcuz of the mass lay-offs. Management can only do more lay-off to make the earning good, business from defense is still good, but not good enough to support the entire Boeing company. So the stocks price is overvalue currently, it should be trading within 80-100
Hard to say, Boeing stock should only be worth $30 per share currently. This stock has been overvalued due to fraudulent misrepresentation for over a year or so.
When the reorganization comes to Boeing share holders will be wiped out’