Something like 6 months ago my financial advisor convinced me to sell my GM stock and buy Boeing. I've suspected I did something stupid ever since. Getting out of GM was probably OK, but I think Boeing has plenty of room to drop. I am afraid investors may dump BA as end of year approaches to clean up their portfolio or take tax losses, and in any case, they are not looking like a well run company.
So if you want to double down on your Moviepass adventure, you could buy a bunch of Boeing. Or how about Frontier Communications? A bargain at less than $1. 5 years ago they were at $100. Bloomberg article a couple days ago says they are looking for a new CEO ahead of an expected bankruptcy filing. Which was totally predictable when they took on a mountain of debt to buy all the areas that Verizon and AT&T didn't want. It has to be bottoming out. No where to go but up, right? From: AF <af-boun...@af.afmug.com> On Behalf Of Chuck McCown Sent: Monday, November 11, 2019 9:03 PM To: af@af.afmug.com Subject: [AFMUG] OT bad stock tips I am thinking of following up my strategic Moviepass investment with one in PG&E. It has to be bottoming out. No where to go but up, right?
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