I thought that investing in companies that have share prices...

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obladiblada01

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25/01/18

18:50

Post #: 30579070
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Originally posted by Fudley61 ↑

“Okay, let’s look at Boeing Airlines. What’s going on with Boeing’s share price? On Jan 5th, Boeing was trading at $308… nearly three times higher than what it was trading at $112 at the beginning of 2016:

As we can see, Boeing’s share price is up 9,200+% over the past 34 years. If we go by Boeing’s 2007 peak of $80, it’s up nearly four times. However, if we check the trading activity over the past two weeks, Boeing’s stock price is moving well beyond bubble territory to a new record high of $337:

Gosh, Boeing’s severely pointy price chart resembles the antenna on the Empire State Building in New York City. Good heavens, Boeing’s stock has gone up 10% in just two weeks. If investors don’t see anything wrong with this chart, you probably have been hanging around too many “Cryptocurrency Aficionados.” People, if you think the only direction is UP with stocks or cryptocurrencies, you need to get your head examined.“

Gee whizz,
I wonder if BOEING profit is up by similar amount?
Actually, I wonder if there Gross Income has even grown by similar amounts!

You wouldnt want to be the Charlatan that was going around telling people to invest in this...

Would you?

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I thought that investing in companies that have share prices that go up is the aim of the game? There must be a reason that some companies become leaders and increase in price over and above their peers.

One thing is for sure, Boeing don't use cups of silver to power their jet fleet. Oil looking good lately.
1 Upvote

0 Great analysis

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