MAGA in trouble ?? 200+ Boeing 737 planes will be grounded

[Itsback]

Today Boeing shares price fell -12% on start after 2 brand new Boeing 737 MAX 8 airplanes have crashed in 5 months killing 350 people. Something unpredictable happened. Mostly 200+ Boeing 737 MAX 8 planes sold worldwide will be grounded/stopped.

If USA's exports fall, US Dollar will fall against other currencies. U.S President speaks for giant American companies like Boeing

More..

China grounds all 30 Boeing 737 MAX 8 planes

https://www.rt.com/business

[acptulsa]

Here's a working link to the RT article:

https://www.rt.com/business/453487-c...oeing-737-max/

Reminds me somewhat of yaw control problems an earlier version of the venerable 737 had.

[oyarde]

Boeing is highly over valued . With a P/E ratio of 22 1/4 , the 52 week low of about 292 per share is about three times what I would be willing to pay for a share It is a chump stock . Moved today from around 402 to 365 and now back to 397 . Was at 422 yesterday I think .

[Zippyjuan]

China has grounded their fleet of 76 planes. They have orders in for 104 more. Ethiopia also grounded theirs- all 34 of them. Indonesia ground eleven. The US has not grounded any.

If the dollar falls, it may help Trump finally reduce the US trade deficit. A strong dollar makes it worse.

[PAF]

Will raising taxes help bail them out, like it did with banks and GM? Can IMF offer a hand?

[Anti Federalist]

Reminds me somewhat of yaw control problems an earlier version of the venerable 737 had.

Linky?

I thought the 737 had been pretty bullet proof since the get go.

[acptulsa]

Linky?

I thought the 737 had been pretty bullet proof since the get go.

The get-go for the 737 was one hell of a long time ago.

https://en.m.wikipedia.org/wiki/Boei..._rudder_issues

[Anti Federalist]

The get-go for the 737 was one hell of a long time ago.

https://en.m.wikipedia.org/wiki/Boei..._rudder_issues

Oh yeah yeah yeah...I recall that Pittsburgh crash now.

Thanks for the link.

Would not surprise me at all to find out this crash was caused by the same auto-stabilizing computer system that caused that Lion Air crash.

[PAF]

Oh yeah yeah yeah...I recall that Pittsburgh crash now.

Thanks for the link

The memorial isn’t too far from where I am:

https://www.findagrave.com/memorial/...t_427_memorial

[Anti Federalist]

The memorial isn’t too far from where I am:

https://www.findagrave.com/memorial/...t_427_memorial

Yeah, once Tulsa jogged my memory I recalled that crash and the ensuing investigation.

[PAF]

Yeah, once Tulsa jogged my memory I recalled that crash and the ensuing investigation.

Huh, I don’t remember Tulsa, I’ll have to look that one up.

[Anti Federalist]

Huh, I don’t remember Tulsa, I’ll have to look that one up.

LOL - no acptulsa...the forum member

[PAF]

LOL - no acptulsa...the forum member

LOL here I am searching Tulsa Oklahoma! Well I ran into a few interesting tidbits so not all is lost ;-)

[acptulsa]

Huh, I don’t remember Tulsa, I’ll have to look that one up.

[Chester Copperpot]

If only this article was covered on a reliable newswire like dangerousmother.com then Id spend the time to read it..

[sparebulb]

With Stikki Nikki on the board now, things will be fixed.

Or at least, staged.

[Itsback]

Boeing is highly over valued . With a P/E ratio of 22 1/4 , the 52 week low of about 292 per share is about three times what I would be willing to pay for a share It is a chump stock . Moved today from around 402 to 365 and now back to 397 . Was at 422 yesterday I think .

No company on the stock markets can be worth more than $100 billion. You can buy 250 Airbus A380 with $100 billion and start the biggest airline in the world.

[acptulsa]

No company on the stock markets can be worth more than $100 billion. You can buy 250 Airbus A380 with $100 billion and start the biggest airline in the world.

It can't? Is that a rule?

What happens when the Federal Reserve Note us worth one ten thousandth of a 1913 penny? Will companies have to be split up? Will Starbucks be forced to sell all but one store?

[Zippyjuan]

https://seekingalpha.com/article/409...es-s-and-p-500

(as of August, 2017):

[Itsback]

If only this article was covered on a reliable newswire like dangerousmother.com then Id spend the time to read it..

4 years back, I posted on the internet "I need $2,000 donation for my website". No money till now. But Apple inc. is worth $650 billion on stock markets (gambling, casino, ponzi)

[Itsback]

Singapore suspends operations of all Boeing 737 Max 8 planes after Ethiopian Airlines crash

https://www.straitstimes.com/singapore

[Danke]

Oh yeah yeah yeah...I recall that Pittsburgh crash now.

Thanks for the link.

Would not surprise me at all to find out this crash was caused by the same auto-stabilizing computer system that caused that Lion Air crash.

The rudder hardover is a mechanical failure, no computers.

[Anti Federalist]

The rudder hardover is a mechanical failure, no computers.

Yah, realize that, I was thinking of the auto trim system that caused that Lion Air crash.

Who knows at this point...could have been a handheld SAM for all we know.

[oyarde]

Yah, realize that, I was thinking of the auto trim system that caused that Lion Air crash.

Who knows at this point...could have been a handheld SAM for all we know.

The Mrs asked me about it over morning coffee . I told her " Oh yeah , SAM in Ethiopia " and pulled it off with my poker face so she will be in that camp now no matter what they say .

[Itsback]

The Mrs asked me about it over morning coffee . I told her " Oh yeah , SAM in Ethiopia " and pulled it off with my poker face so she will be in that camp now no matter what they say .

US carriers continue to operate 58 Boeing 737 MAX 8 despite the two recent crashes.

American Airlines has not grounded the 24 jumbo jets in its fleet, saying it would await the investigation into the crash.

Southwest, which operates 34 Boeing 737 MAX 8 aircraft, said it remains “confident in the safety of our fleet.”

https://www.rt.com/business

American companies are greedy for money. Apple Inc. worth $650 billion

[acptulsa]

American Airlines has not grounded the 24 jumbo jets...

We were talking about 737s. What are you talking about?

American companies are greedy for money. Apple Inc. worth $650 billion

You seem pretty obsessed with the stuff yourself.

[Itsback]

If only this article was covered on a reliable newswire like dangerousmother.com then Id spend the time to read it..

[oyarde]

https://seekingalpha.com/article/409...es-s-and-p-500

(as of August, 2017):

I think I have only ever owned maybe a half dozen of those , 3M , Home Depot , P. Morris and some of them a long time ago , Coke, Exxon etc . Mostly it looks like a list of overpriced stuff that will not give you a good return in the future .

[Itsback]

3 years back I was at the cake shop and a woman came there. She told the shop owner "her husband works for Boeing". The shop owner melted on hearing high profile Boeing.

I said "they are idiots"

[acptulsa]

She told the shop owner "her husband works for Boeing".

Whose husband?