RE:RE:RE:RE:Just move to the USflamingogold wrote: This is the difference between the US and Canadian thinking. Boeing will always be supported by their government. Here, they were ready to let Bombardier go under. End result, Canada lost a chance to be one of the top 3 commercial jet manufacturers. In it's wake we lost that and transportation. Canada's loss more than the family.
Letsmakemoredol wrote: ITSUP2ME wrote: Totally agree... you could also argue the case for US companies producing their goods right here in Canada with our low dollar (film industry has done it for years) yet back to reality the 6 month chart looks healthy to me, same swings as the five year chart. This is nothing out of the ordinary for the Bomber... Blue skies ahead for us.....I wouldn't be suprised one bit if Boeing declares chapter 11 before 2028...All the more reason to go long....I still have my bid locked in to sell at $625.00 ($25.00 sp pre- consolidation with a time horizon 2 to 3 years....GLTAL
Boeing will never declare bankruptcy, the US government will prop it up guaranteed. It honestly reminded me of BBD pre 2020 with a ton of problems, but nothing it can't figure out. For now I wouldn't touch it with a 10 ft pole, but if the stock drops way down I will consider it. Its a stock to monitor closely
I don't recall the government ever thinking about letting BBD go under. They gave them grants/loans to get the C series disaster under control (Quebec still owns a chunk correct?) and many governments were just handing BBD rail contracts without any open bids. I seem to recall that BBD said they didn't need any handouts during covid and haven't asked for any since.
Its why BBD has such a sore spot with taxpayers, when they hear Bombardier they instantly think handouts, but that hasn't been the case for 5+ years although people still have long memories