Buy BA

My positions to start: 2024 Jan 170-200 Call Spreads, 25 shares, and adding more shares. A 737-800 crashed in china as many of you have probably heard and BA stock has sank. I would speculate confidently that the sell off was a knee jerk reaction due to people thinking it was another MAX, but it was not, it was the 800 variant. Furthermore, being a pilot myself, i dont see how this will fall on Boeing. This will likely be determined to be pilot error, as aviation authorities and airlines love to put the final blame on the pilot whenever they can. In this case, from what ive seen in the video, there is absolutely no way for an airplane to be descending at 30000 fpm like a missile straight into the ground from a manufacturers malfunction, considering the aircrafts age/variant, the only times ive seen this are either A) maintenance fucked up (i.e - the alaska airlines flight) or B) the pilots out the aircraft in an inadvertent attitude that became unrecoverable. edit: the flight data recorder previously posted is incorrect. My thesis this was pilot error, however, has not changed In short, this will not fall on Boeing and likely pilot error, unfortunately. Buy BA because it will rebound.

back

Buy BA

bullish

My positions to start: 2024 Jan 170-200 Call Spreads, 25 shares, and adding more shares.

A 737-800 crashed in china as many of you have probably heard and BA stock has sank.

I would speculate confidently that the sell off was a knee jerk reaction due to people thinking it was another MAX, but it was not, it was the 800 variant.

Furthermore, being a pilot myself, i dont see how this will fall on Boeing. This will likely be determined to be pilot error, as aviation authorities and airlines love to put the final blame on the pilot whenever they can. In this case, from what ive seen in the video, there is absolutely no way for an airplane to be descending at 30000 fpm like a missile straight into the ground from a manufacturers malfunction, considering the aircrafts age/variant, the only times ive seen this are either A) maintenance fucked up (i.e - the alaska airlines flight) or B) the pilots out the aircraft in an inadvertent attitude that became unrecoverable.

edit: the flight data recorder previously posted is incorrect. My thesis this was pilot error, however, has not changed

In short, this will not fall on Boeing and likely pilot error, unfortunately.

Buy BA because it will rebound.

read-time
1 min
205.00
Target Price
9/ 10
Confidence
1-2 Months
Timeframe
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Earnings Release
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News
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SEC
Filing
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Sentiment
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