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The Boeing Company Message Board

  • fternoss fternoss Jan 24, 2013 10:51 PM Flag

    Boeing's book value is only $10/share and they have huge debt

    They don't have enough cash to cover their debt. Any prolonged 787 problem could be catastrophic for the company, especially if they spent several billions to buy back shares in an effort to prevent the stock's precipitous drop. This will come beck to hunt the company when theic cash position is drained and at the same time liabilities skyrocket. Don't be fooled by the artificial rise in the price of the stock, it can collapse any day now. My advice is to stay out until the dust settles from thi disaster.

    Sentiment: Strong Sell

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