The recent 13% drop in The Boeing Company's (NYSE:BA) stock could come as a blow to insiders who purchased US$1.1m worth of stock at an average buy price of US$209 over the past 12 months. Insiders invest with the hopes of seeing their money grow in value over time. However, as a result of recent losses, their initial investment is now only worth US$699k, which is not what they expected.
https://news.yahoo.com/insiders-placed-huge-bets-boeing-110054179.html
No one is betting long-term on Boeing stock you have a few people trying to make a quick buck buying selling as day traders but the stocks a loser long term.
The only real play on Boeing stock is to bet that the share price continues to decline.
Boeing stock is down 42% year to date...and this was supposed to be a great year for Boeing... I guess if you believed the BS from Boeing and their Wallstreet mercenaries, you got what you deserved.
Boeing stock is down 41.75% year to date...and this was supposed to be a great year for Boeing... I guess if you believed the BS from Boeing and their Wallstreet mercenaries, you got what you deserved.
Boeing stock is a loser long-term Due to a management strategy that doesn’t look past the next six months.
Buy the dipper's are getting spanked for sure, and we're just getting started.
13% drop? That is a win in this economy.
I have met several 1st line managers that have drank the cool aid.
I heard a wife of a 1st line manager say to the husband honey please stop going to the Casino with our money specifically referring to the Boeing 401K. Then she complained that Boeing is not even comping them like when you loose money in Las Vegas. At least in Vegas if you loose enough money you get comped. Boeing is not offering a free room, free drinks or free food.
Then the wife commented that the husband should diversify versus putting it all in Boeing stock.
I live in a Boeing neighborhood so that is why I heard this comment.