Boeing to sell at least $10B in shares to plug cash drain
https://www.wsj.com/business/boeing-needing-cash-moves-to-sell-new-shares-fce4c116loading story #41853829
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The only question I have is, if I buy this garbage, will the government bail me out and then some, and make it profitable to buy stock in this incredibly poorly led company?
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It's hard to believe that despite all the bad news and scandal, the stock is higher than it was in 2015 and is in the same 100-200 dollar range.
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Any company that’s too important to fail needs to be split into smaller pieces
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Boeing: “We buy high and sell low.”
Gosh, would be real cool if they hadn't bought all those shares, and just had the cash on hand to help... I don't know... invest in engineering and making planes fly with doors on them.
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That would require thinking more than 1 quarter ahead, and their leadership clearly doesn’t have that many context tokens.
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Speaking abstractly,Why would that be any better?
Why keep the cash on hand when you can raise cash.
I get that people have an emotional reaction to Boeing, but it's not like owning 10 billion dollars of Treasury bonds would have prevented a door plug blowout
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