Quote:
Originally Posted by Rmtt
I agree when things are normal. But these are special circumstances and there are some nice ones out there to get into if you aren't looking to make a quick buck....and in it for the long haul.
My boss made a killing with BA.....I hesitated and didn't get in. Call me a chicken, but I'm not looking to buy something just to turn around and sell it.....although it worked in his case.
But it's rare that it happens.
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BA literally just scammed the US govt and became one of the luckiest companies in existance... they were tanking on the 737 Max and used the 'Rona to their advantage... now they are safe.
The risk here was if they did a stock split or some sort of stock reorg, then even if things bounced back it may have not worked out perfectly for him.