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That’s my game plan. I’ve been buying already and if it dips I’ll just buy more to lower my basis. It’s a long game for me so if it takes 1,2,3 years it don’t matter.
Subject Expert
People said this about GE when it went from 29 to 15.
Subject Expert
Boeing was a well managed company for decades that lost its way about 8 years ago. They were riding the defense build-up and the demand for planes in a booming economy when there is a duopoly.
Their rocket did poorly, and they now have competition for NASA money.
The 747, 757 and 767 are huge maintenance money makers for them, but are aging out of fleets.
The 787 is doing well, but they counted on the MAX and their recent engineering leadership changes of about 8-6 years ago really weakened that once strong differentiator.
The rotary wing division is rudderless (excuse the pun, it's late.)
So, if Trump loses they will be hurt.
If the economy doesn't V recover they will be hurt.
If they don't get MAX fixed, including the new wiring they will be hurt.
A booming economy and their new CEO knocking it out of the park could bring them back.
To me there are better options.
I’ve bought from $350 all the way down to $90. Super long term hold at this point.
Subject Expert
As I mentioned in the daily thread if you are fine with little to no growth for 1-2 years go for it. I'm holding what I have but not adding any more. It will return to its former glory one day