WooShoa
Did they sell that many more … what exactly? I am just trying to understand where that value is.
Or was this essentially all stock buybacks that artificially inflate the "value" as established by the market cap?
Ironically too is that when you control the MSFT market cap against the Trump inflated stock market, there is actually no actual gain, especially when you control for stock buybacks, aka, corporate stock self-inflation.
Gold rush … something, something … shovels.
But I know. I know. I speak heresy on this site. I repent and beg for forgiveness for saying the kind has no clothes on.
This will, as the article implies, come in combination with the justified and rightful concern that Boeing is and will continue and increasingly get more desperate and frantic to "fix" things (literally and, likely increasingly figuratively), as far greater testing and auditing requirements are placed on recertification.
I don't know about everyone else here, but I sure as heck am going to be quite careful not to fly on any MAX for quite some time if they are even ever re-certified again. The replacement for the 737, which the MAX was supposed to delay, was not scheduled to reach market until the 2030 timeframe (which could mean 2030 or 2039). I think it is anyone's guess whether Boeing has the resources to drastically accelerate that timeframe or the MAX village fire is draining all resources and it may delay that 2030 timeframe.
Please convince me otherwise, but I could see this MAX issue essentially crushing Boeing as it eats away at many different aspects of the enterprise over time. How long can you keep the concerns at bay and run on inertia? I think there may be hell to pay next year if this isn't really an "easy" issue that just takes some time and Boeing can scathe by. Maybe someone with deeper insight into Boeing's operations can substantiate why I am totally off base or … hopefully not … validate that my concerns are not unfounded.