Platinum Contributing Member Highmark Posted March 12, 2019 Platinum Contributing Member Share Posted March 12, 2019 This is how I approach this situation. Buy say $10K. There is a reasonable chance it goes up 10-12% in a short period of time. Nice $1000-$1200 gain very quickly. Now if it goes down a bit more or holds it won't for long. Too many good fundamentals with Boeing. Then it becomes a hold until it gets the gains I want then sell. Yes their is a risk of a market correction in the meantime but this has short term win written all over it. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted March 12, 2019 Author Share Posted March 12, 2019 3 minutes ago, Highmark said: Rattling can be heard over jet engines? Not sure I'm buying that testimony. Its a wait and see for sure. When a jet engine experiences a compressor stall it can make some very loud sounds. Like rapid fire backfiring or rattling. That’s typically caused by poor air flow. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted March 12, 2019 Platinum Contributing Member Share Posted March 12, 2019 7 minutes ago, ActionfigureJoe said: When a jet engine experiences a compressor stall it can make some very loud sounds. Like rapid fire backfiring or rattling. That’s typically caused by poor air flow. Bird strike? Did hear reports of smoke but not the rattling. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted March 12, 2019 Author Share Posted March 12, 2019 (edited) 3 minutes ago, Highmark said: Bird strike? Did hear reports of smoke but not the rattling. I would think that the other engine could’ve caught it. Poor air flow is also from low air speed. Edited March 12, 2019 by ActionfigureJoe Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted March 12, 2019 Platinum Contributing Member Share Posted March 12, 2019 (edited) 5 minutes ago, ActionfigureJoe said: I would think that the other engine could’ve caught it. Poor air flow is also from low air speed. There were talking today that if the computer sensed stall it possibly would drop the AoA too fast and an untrained pilot (simulator) might not be able to get it to recover. Just have to wait and see. I stick by if the FAA thought an issue they would have grounded them in the US. One wonders if GB would have grounded an AirBus' with the same information and if the FAA done the same to one of theirs? Edited March 12, 2019 by Highmark Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted March 12, 2019 Share Posted March 12, 2019 There have been approx 500 deaths in the last year from commercial airline crashes. 2/3 are from the Boeing Max. 3 out of five incidences appear to be Boeing aircraft. But they probably make 60% of the planes. However having two new planes go down sure looks like an issue. I’m sure if Boeing is at fault, Trump will protect the airline for the right compensation. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted March 12, 2019 Author Share Posted March 12, 2019 1 hour ago, Highmark said: There were talking today that if the computer sensed stall it possibly would drop the AoA too fast and an untrained pilot (simulator) might not be able to get it to recover. Just have to wait and see. I stick by if the FAA thought an issue they would have grounded them in the US. One wonders if GB would have grounded an AirBus' with the same information and if the FAA done the same to one of theirs? I doubt very much it has anything to do with Boeing vs airbus. Most airlines including British air and China have a good number of these planes. It costs a lot of cash to ground a plane. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted May 15, 2019 Share Posted May 15, 2019 On 3/11/2019 at 1:34 PM, steve from amherst said: Im not , Im bettingit will regain 85% of losses within a month. How’d that bet turn out for you? Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted May 15, 2019 Share Posted May 15, 2019 On 3/12/2019 at 4:50 PM, Highmark said: This is how I approach this situation. Buy say $10K. There is a reasonable chance it goes up 10-12% in a short period of time. Nice $1000-$1200 gain very quickly. Now if it goes down a bit more or holds it won't for long. Too many good fundamentals with Boeing. Then it becomes a hold until it gets the gains I want then sell. Yes their is a risk of a market correction in the meantime but this has short term win written all over it. Hmmmm Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 15, 2019 Platinum Contributing Member Share Posted May 15, 2019 7 hours ago, revkevsdi said: How’d that bet turn out for you? Didn't take the bet. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 15, 2019 Platinum Contributing Member Share Posted May 15, 2019 8 hours ago, revkevsdi said: Hmmmm I did exactly as stated. Its only down 8.3% since I got it and now it will be a longer term investment. It actually was up prior to the recent correction. Just not up enough to make it worth taking the gains. I'm not worried about holding such a small amount in Boeing for a few years. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted May 15, 2019 Share Posted May 15, 2019 30 minutes ago, Highmark said: I did exactly as stated. Its only down 8.3% since I got it and now it will be a longer term investment. It actually was up prior to the recent correction. Just not up enough to make it worth taking the gains. I'm not worried about holding such a small amount in Boeing for a few years. They cut corners on safety and design, the result was a plane that needed computer intervention in order to take off. Doesn't that seem counter intuitive when designing a plane? In general one would think a plane should be designed to fly by stick first. Now their decisions leave them with 0 orders for their planes and the relatives of 500 dead people out for money, I'd think it will be a long recovery. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 15, 2019 Share Posted May 15, 2019 6 minutes ago, revkevsdi said: They cut corners on safety and design, the result was a plane that needed computer intervention in order to take off. Doesn't that seem counter intuitive when designing a plane? In general one would think a plane should be designed to fly by stick first. Now their decisions leave them with 0 orders for their planes and the relatives of 500 dead people out for money, I'd think it will be a long recovery. You sound almost giddy. Seems to be a thing with you, taking joy in these kinds of things. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted May 15, 2019 Share Posted May 15, 2019 4 minutes ago, DriftBusta said: You sound almost giddy. Seems to be a thing with you, taking joy in these kinds of things. You seem not to give a shit that a corporation murdered 500 people for profits. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 15, 2019 Platinum Contributing Member Share Posted May 15, 2019 19 minutes ago, revkevsdi said: They cut corners on safety and design, the result was a plane that needed computer intervention in order to take off. Doesn't that seem counter intuitive when designing a plane? In general one would think a plane should be designed to fly by stick first. Now their decisions leave them with 0 orders for their planes and the relatives of 500 dead people out for money, I'd think it will be a long recovery. I have no worries about Boeing stock making a nice return in the next 2-5 years. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 15, 2019 Share Posted May 15, 2019 15 minutes ago, revkevsdi said: You seem not to give a shit that a corporation murdered 500 people for profits. Not true at all Im just not nearly as presumptuous as you to think I can make that call. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 15, 2019 Share Posted May 15, 2019 9 hours ago, revkevsdi said: Hmmmm Sometimes you win, sometimes you don't. Stopped playing individual stocks over 20 years ago. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 15, 2019 Share Posted May 15, 2019 12 minutes ago, Highmark said: I have no worries about Boeing stock making a nice return in the next 2-5 years. No, it's gonna stay beat down for good. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted May 15, 2019 Share Posted May 15, 2019 14 minutes ago, DriftBusta said: Not true at all Im just not nearly as presumptuous as you to think I can make that call. Here’s your new sled We saved some money by designing it so it starts with the throttle wide open. But don’t worry we have a $2.00 computer chip that releases the throttle before the clutch Engages. It’s hooked to a sensor that may or may not be affected by moisture. Enjoy. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 15, 2019 Platinum Contributing Member Share Posted May 15, 2019 18 minutes ago, revkevsdi said: Here’s your new sled We saved some money by designing it so it starts with the throttle wide open. But don’t worry we have a $2.00 computer chip that releases the throttle before the clutch Engages. It’s hooked to a sensor that may or may not be affected by moisture. Enjoy. Yeah that's exactly like what happened. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 15, 2019 Share Posted May 15, 2019 30 minutes ago, Highmark said: Yeah that's exactly like what happened. Right? How do you respond to that? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted May 15, 2019 Platinum Contributing Member Share Posted May 15, 2019 Considering tripling my investment. That would bring my current loss to 3%. Wouldn't have to go up much to be profitable. Need to let the latest information shake out more sellers first. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 15, 2019 Share Posted May 15, 2019 I have a ton of Boeing stock. It’s some really old stuff going back 35 years. I’m not touching it. It’s done really well. Blue chip, long growth. Boeing has some quality control issues that go much further than the 737 fiasco. That’s actually just the tip of the iceberg. They’ve been shipping a lot of shit lately with shoddy workmanship. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 15, 2019 Share Posted May 15, 2019 (edited) 11 minutes ago, Highmark said: Considering tripling my investment. That would bring my current loss to 3%. Wouldn't have to go up much to be profitable. Need to let the latest information shake out more sellers first. I have a client who used that strategy with GE. Bought 1000 shares at 17, another 1000 at 13, then 10,000 at 8 bucks. Pretty good stategy if you have the balls. Edited May 15, 2019 by DriftBusta Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 15, 2019 Share Posted May 15, 2019 Just now, spin_dry said: I have a ton of Boeing stock. It’s some really old stuff going back 35 years. I’m not touching it. It’s done really well. Blue chip, long growth. Boeing has some quality control issues that go much further than the 737 fiasco. That’s actually just the tip of the iceberg. They’ve been shipping a lot of shit lately with shoddy workmanship. Im on vacation away from the screen, but im pretty sure our analysts still rate it as a buy, and lay out 5 pages as to why. I’ll take their opinion over some Canadian who doesnt even follow the market. Quote Link to comment Share on other sites More sharing options...
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