Re:Boeing, expecting a long slump, will cut 16k jobs
by s1artibartfast on Wednesday April 29, 2020 @03:08PM
(#23022901)
> I am not under the impression that people are putting their money in stocks for the dividends.
The potential of future dividends, buybacks, or acquisitions differentiate stocks from sportsbetting
> self-fulfilling prophecy. Celebrity CEO...
The exceptions prove the rule. You can and do get irrational stock prices. Not everyone can follow the musk model, and if they did, investors would be back to using the fundamentals to differentiate them. If Boeing really thought they could follow the musk model, they would, but I personally don’t think they are in a good position to do so.
Sometimes you can fake it until you make it, but most often you won’t.
Re:Boeing, expecting a long slump, will cut 16k jobs
by mrtksn on Wednesday April 29, 2020 @03:17PM
(#23022999)
Yes, Musk is the example here but I don’t think that it’s that hard to implement this, simply because there are many many cults out there that function in similar manner. Probably there is a formula for that.
Re:Boeing, expecting a long slump, will cut 16k jobs
by s1artibartfast on Wednesday April 29, 2020 @03:51PM
(#23023373)
Please don’t take this the wrong way, but I’m not sure what exactly your claim here is. Are you saying that nearly every company on the exchange is missing out on tens of billions of dollars by not implementing this formula you assume to exist?
Re:Boeing, expecting a long slump, will cut 16k jobs
by mrtksn on Wednesday April 29, 2020 @04:17PM
(#23023696)
No, I’m looking for for an explanation.
Re:Boeing, expecting a long slump, will cut 16k jobs
by s1artibartfast on Wednesday April 29, 2020 @04:29PM
(#23023862)
I offered an explanation, and then you dismissed it with a hypothetical that you don't even believe.
Not every company is on the Musk plan because there is limited pool of cult investors and his success is hard to recreate.
Yes, if everybody thinks that good performance should increase the stock prices then the performance matters but this is a self-fulfilling prophecy.
Celebrity CEO smoking weed and being cool should be able to beat any technical indicator IMHO. A large number of people might simply act irrationally just to be a part of a movement.
Maybe the best thing Boeing can do for its the stock price is to install a really cool CEO who is good with memes, close down the factories and concentrate on the brand. Is there anything to compel them to produce planes?