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Non-Tech : Airline Discussion Board
JETS 25.18-2.0%Nov 13 4:00 PM EST

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From: handyman8/2/2020 9:40:55 AM
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I’d love board members to give me their opinions on Boeing as I have been accumulating it consistently for the past two weeks and intend to buy more as it goes down.

I don’t see how Boeing does not come back as it stands alone in the US with only one competitor in the world. They have hundreds of planes sitting idly waiting for re- cert so the costs of building have already been taken. They surely will have demand return once a vaccine is available and people return to flying again which I have no doubt will happen quickly post pandemic.

I can see how selling the stock was prudent when the max return was in doubt but it seems the return is inevitable within the next 6 months and with a good pr program the public should be persuaded that this is the safest plane in the world after so much scrutiny.

It is in the US gov’t and American people”s interest that we have a vibrant thriving airplane manufacturer as well as profitable carriers. I realize the short term is going to be a rocky ride but getting Boeing at a 50% discount to what it was pre crash and pandemic seems a prudent investment for the next 3/5 years especially since they have been able to access the market for funding and have the assets to do so again should the need become necessary. I would not have invested had they given the gov’t a piece of the action in exchange for needed funds.

I’d be interested in the pros and cons of my investment thesis.
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