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32 points bookofjoe | 10 comments | | HN request time: 0s | source | bottom
1. epicureanideal ◴[] No.41853514[source]
The only question I have is, if I buy this garbage, will the government bail me out and then some, and make it profitable to buy stock in this incredibly poorly led company?
replies(4): >>41853567 #>>41853572 #>>41853601 #>>41853627 #
2. bombcar ◴[] No.41853567[source]
From my experience, the only real way to make money on that kind of thing is either own metric shittons of the stock, or be paid big money by the company whilst all the shenanigans are going on.
replies(1): >>41854066 #
3. bityard ◴[] No.41853572[source]
No. Ask anyone who owned GM stock at the start of the great recession.
replies(2): >>41853620 #>>41853633 #
4. chromatin ◴[] No.41853601[source]
Came here to ask the same question.

My intuition is yes -- Boeing is America's last / only major commercial aviation jet mfr. -- and I don't think Uncle Sam will let them fail. Economically, I disagree with such a policy, but there's no reason I shouldn't profit from it.

replies(1): >>41853815 #
5. petesergeant ◴[] No.41853620[source]
An excellent point. Anyone who held common stock of GM pre-bailout saw that stock fall to zero
6. ◴[] No.41853627[source]
7. paulpauper ◴[] No.41853633[source]
Exactly. A bailout means the underlying business is restructured or wound-down; shareholders, bond holders typically get zip
replies(1): >>41853650 #
8. bawolff ◴[] No.41853650{3}[source]
As they should.

Investments by definition is a risk. If you want garunteed returns use a savings account or GIC.

9. topspin ◴[] No.41853815[source]
> and I don't think Uncle Sam will let them fail

That is a metaphysical certitude.

10. s1artibartfast ◴[] No.41854066[source]
How does one make money from owning s** tons of stock during a restructuring? Do you have any examples