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Boeing to sell at least $10B in shares to plug cash drain

(www.wsj.com)
32 points bookofjoe | 1 comments | 15 Oct 24 21:34 UTC | HN request time: 0s | source
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epicureanideal ◴[15 Oct 24 21:54 UTC] 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 #
bityard ◴[15 Oct 24 22:03 UTC] No.41853572[source]▶
No. Ask anyone who owned GM stock at the start of the great recession.
replies(2): >>41853620 #>>41853633 #
paulpauper ◴[15 Oct 24 22:11 UTC] No.41853633[source]▶
Exactly. A bailout means the underlying business is restructured or wound-down; shareholders, bond holders typically get zip
replies(1): >>41853650 #
1. bawolff ◴[15 Oct 24 22:13 UTC] No.41853650[source]▶
As they should.

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