Better yet, why buy back stock that is dropping like a rock? Looks like the plan is to create a huge selloff so the big boys can suck it ALL up....CHEAP.. Soon after it will be a valuable stock with fewer shares held by even fewer folks. The bigger question is, who has the gonads to hold on till this stock goes to the moon? .
Cramer talked about BA last night on Mad Money. Even though he likes BAs fundamentals the stock price seems to be at a critical level. According to his technical analysis if BA closed under 122, where it recently gapped higher, it could fall to 111-113. Upward resistance is at 131 where it had also gapped higher.