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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: Markbn who wrote (884)3/23/2022 6:27:21 PM
From: chowder  Read Replies (1) | Respond to of 22058
 
Re: Boeing

When I purchased BA, the determining factor for me was that all of the bad news was out of the way and BA could now focus on moving forward. Another crash whether it was a Chinese airline or not was still a BA product and now the reason for me buying BA no longer exists, so it was a sell.

I'm not suggesting BA won't recover, I think it will, it will just take longer than I expected to hold the position. BA was never a buy and hold for me, it was a turnaround story. Of all the defense companies, I like them the least and always have. Due to this attitude, I don't possess the commitment level required to continue holding so when in doubt, I got out.