BA is a highly successful defence contractor that just so happens to own a crappy airplane business on the side (their airplane division has ALWAYS been their least profitable part of the company)
New 737's are an extremely small portion of their overall business, hell their entire airplane sales revinue is nowhere near 8% of their total business
This pullback is massively overblown, just like last time (down $35 the day of that air lion crash, up $40 2 days later)
This is a buying opportunity, or a good chance for BA shorts to close their bets (Assuming the entire market doesn't dive off of a cliff within the next month or so of course)
Leo Diaz
Wow you already own a share! Impressive. Post portfolio.
You really think for a second it's not pilot error?
Levi Clark
Let me guess, you got a bigger portfolio eh? Or too much of a puss puss to do the same?
I post my entire folio all the time, at least twice weekly