Live Life to the MAX?
Boeing’s showpiece 737 MAX has gone down twice, taking the firm’s stock with it. Would you climb inside the flying metal box? With the Civil Aviation Authority flirting with pulling back the jet bridge, the Invstr community is torn in one of our closest-ever polls!
- 28% Not yet. Let some others be the guinea pigs
- 25% Only if the flight ticket is super cheap!
- 24% Yes. Nothing’s stopping my escape to the Sun or Slopes
- 23% No way I am taking chances
This one went right to the wire in a contentious photo finish, but it seems that with a bit of encouragement, 75% of voters might risk it all. As usual, there’s money on the mind with one-quarter willing to buckle up to save a buck, and another 28% willing to put a price on someone else’s life! The real question, is who’s our Guinea pig?
Paid millions to create millions, perhaps it’s time for CEO Dennis Muilenburg to get real skin in the game! Let’s send him long-haul on the MAX, and to make sure he’s not a daredevil 24%-er from our poll, no Sun nor Slopes will be waiting for him on the other side. Another one-way, full-price ticket to Washington’s Capitol Hill seems appropriate!
Had Boeing executives been thinking “no way am I taking chances” on safety, 23% of our respondents may not have lost trust in the aerospace giant and developed flight fright. Alas, 346 dead, and long-term investors find themselves waiting for a change in corporate culture before jumping back in! Ironically, Boeing announced an even larger 737 MAX 10 on Friday. Too soon?
Boarding the plane is one risk; buying the stock is another. With tragedies throwing this company into one of its biggest crises in a hundred years, shares have slowed, and technically, your ticket is super cheap! Your move!
