BA Time to Invest? Or will it go Bankrupt?

Discussion in 'Investing' started by DavyKOTWF, Mar 24, 2020.

  1. DavyKOTWF

    DavyKOTWF New Member

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    BA dropped about 75% in the last month and half. Seems to have no earnings. How can it remain solvent?
    Will the government bail it out and thus it's okay? Do you invest in it or avoid it like the plague? It went up 11% yesterday and seems to have formed a nice flat bottom...or is this a dead cat bounce? Same question for AAL and UAL, and the other airline stocks.
    What say ye?
     
    #1 DavyKOTWF, Mar 24, 2020
  2. DavyKOTWF

    DavyKOTWF New Member

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    Guess it was a strong buy. Had the right idea, but failed to pull the trigger.
     
    #2 DavyKOTWF, Mar 25, 2020
  3. WXYZ

    WXYZ Well-Known Member

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    You will have plenty of chances to buy this stock, if you decide to, over the next weeks and months.
     
    #3 WXYZ, Mar 25, 2020
    Syynik likes this.
  4. DavyKOTWF

    DavyKOTWF New Member

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    I don't know, maybe.
    Up 80% from when I considered it, 2.5 days ago. Just have to write it off and forget it.
    There'll be others.
     
    #4 DavyKOTWF, Mar 26, 2020
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