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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (75220)3/1/2024 4:18:35 PM
From: Madharry   of 78747
 
why do you think it will go down 20-30%. ? seems like BA has had an above normal number of mishaps lately. I dont own it but it looks like its part of a forever duopoly so the only questions are valuation and execution.

interesting situation with the nyc bank that is troubled. I guess they have sizable loans on buldings, whos apts are rent controlled and now unprofitable has a result the values of those buildings have tanked by 50% and the loans are all underwater relative to the collateral, I am not sure how a new ceo fixes that problem.
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