Cherokee_Cruiser
Bronteroc
On a side note, never let a tragedy go to waste. If I may be so callous, this is a good opportunity to buy BA.
When the pandemic happened BA dropped to sub $100. Popped to over $200 about a year later.
Then in 2022 it went down to 120ish. I ended up buying 200 shares at $124 for a $25k investment. It popped to $233 when I sold it. Despite the hefty profit, I used 100% of that gain to write off a BABA loss. (Yes, Im an idiot).
Now BA is at $183. This would be a decent entry point. Let’s be honest, this is all going to settle down, and BA will be kicking back above $200. Betting on BA is like betting on American space, military, and commercial congolomerate. It’s not like Airbus can just dump thousands of extra planes for all airlines that have a MAX order.
Bottom line, the MAX is here, it’s here to stay, and BA will come out fine in the future. Now is the time to invest BA.
When the pandemic happened BA dropped to sub $100. Popped to over $200 about a year later.
Then in 2022 it went down to 120ish. I ended up buying 200 shares at $124 for a $25k investment. It popped to $233 when I sold it. Despite the hefty profit, I used 100% of that gain to write off a BABA loss. (Yes, Im an idiot).
Now BA is at $183. This would be a decent entry point. Let’s be honest, this is all going to settle down, and BA will be kicking back above $200. Betting on BA is like betting on American space, military, and commercial congolomerate. It’s not like Airbus can just dump thousands of extra planes for all airlines that have a MAX order.
Bottom line, the MAX is here, it’s here to stay, and BA will come out fine in the future. Now is the time to invest BA.