anand_swamy

Boeing recovery?

לונג
NYSE:BA   Boeing Company (The)
Boeing recently dropped 75%, from $380 to $90, now it is up to $130. I picked it up at $95, and since then options have shot up. It is oversold and rising, so you can pick it up for cheap and sell when it is overbought, which if it has some upwards movement, it will be. It also may receive a bailout, which is not good for the long term, but is very good in the short term as it can boost the share price to around $250 depending on the bailout amount.

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