They have $20 million on the books in cash and $281 million in short term liabilities and almost $1.8 billion in long term liabilities.
What's the strategy buying a company with an abysmal balance sheet?
Boiler Room: The Official Stock Market Discussion
What's the strategy buying a company with an abysmal balance sheet?
bought 65 BA shares at $100. I'll keep on buying when it falls. Boeing is too big to fail brehs. they will get bailed out. 
and check out APRN
why didn't i think of that? it was no brainer. i totally missed the boat on APRN.
and check out APRN
why didn't i think of that? it was no brainer. i totally missed the boat on APRN.
I'm in. This is a pretty clear pump and not much beat on the bone but could be a nice, quick flip
Tribaligenesis
All Star
Netflix making some good gains...
Netflix Subscribers Spike in Areas Ravaged by Coronavirus | The Motley Fool
Netflix Subscribers Spike in Areas Ravaged by Coronavirus | The Motley Fool
There are some things to keep in mind about Boeing. They're taking on massive amounts of debt. It's going to take them a long time to come back from all this. A. Very. Long. Time. They could declare bankruptcy and all your stock will be dissolved. Also when they stop that dividend the share price will fall even more.bought 65 BA shares at $100. I'll keep on buying when it falls. Boeing is too big to fail brehs. they will get bailed out.
and check out APRN
why didn't i think of that? it was no brainer. i totally missed the boat on APRN.
There's just too many problems there. It's better to stay away even though I too wanna buy it I won't be. Don't look at the stock and say this was a $400 stock last year it will go back to that because it may never happen. If Boeing falls into the $70s I'll buy some. Other than that even if I want to I just can't.
NaijaProdigy Redux
Veteran
I'm not touching Boeing yet. I'm expecting the dividend to get cut and another shareholder rotation out. And god knows what type of restrictions will be in any bailout.
A lot of upside 5-10 years out but I'm going to wait it out a bit.
A lot of upside 5-10 years out but I'm going to wait it out a bit.
Boeing only has 1 competition breh. And we rely on them for our defense. they make Apache and shyt.
Boeing: Defense Overview
So IT'S TOO BIG TO FAIL. our government won't allow it. They are too important. Trump will do whatever it takes to keep them alive.
and remember before 737 fiasco Boeing was a clear cut lead dog. Now they've learned their lesson they will get to the drawing board and focus on safety first. and once the virus is over, it will fly. I fully expect it will go back to $400+ in 3 -4 years. that's 4x return while i'm getting the dividend. and upside is ridiculous because again they only have 1 other competition. And i'll keep my share forever until I retire.
and if it dips again i'll continue to build my position.
oh by the way I just dropped on 4grand on DAL. and i'll buy buy if it dips more.
dora_da_destroyer
Master Baker
Toilet paper and household goods got my P&G staying alive
Uber at $16.50 right now, it hits 15 I’m in
sub 100 Disney also looks amazing
Uber at $16.50 right now, it hits 15 I’m in
sub 100 Disney also looks amazing
NaijaProdigy Redux
Veteran
I just bought 200 shares of Uber. fukk it. Keep buying in over time.
Couple shares of PLAY because why not.
My primary interest is at record lows today also
I'm down by a LOT but my cost basis is rapidly going down. I swear if I didn't hate my job so much, I would be trying to drop in 2k a week during this
My primary interest is at record lows today also
I'm down by a LOT but my cost basis is rapidly going down. I swear if I didn't hate my job so much, I would be trying to drop in 2k a week during this