Originally Posted by
PNWFlyer
Boots on the ground and it would be a game changer but as you can see Boeing has been quiet. 2 reasons. There is an investigation and most companies stay quiet until the official report is released.
Now as for the second reason get your tin foil hat on. Boeing approved a 20 Billion dollar stock buyback this year. When announce in December Boeing was headed for a record high (not a good time to do a stock buyback). So now with all this bad news stock takes a hit... Buy the shares and when the dust settles and the final reports are released, giving us facts not reports... then worry about damage control. No need chasing your tail with every headline.
Ha! That’s quite the tin foil theory...but I wouldn’t put it past corporate greed.
Ethiopian is running the AG Barr playbook regarding slow release of potentially damaging info. This theory would certainly explain why.