Featured image of post Boeing Birds and Bets: When Tragedy Meets WallStreetBets

Boeing Birds and Bets: When Tragedy Meets WallStreetBets

A Boeing 737 crashed and WallStreetBets is already placing bets Is it a buying opportunity or a disaster waiting to happen? My take: sometimes the best move is no move

TL;DR

A Boeing 737 crashed in South Korea, leading to speculation on WallStreetBets about the stock’s future, but the real tragedy shouldn’t be overshadowed by profit-seeking.


Story

A Boeing 737 crashed in South Korea, and WallStreetBets is buzzing like a hive of particularly morbid bees. Some are already counting their potential profits (yikes!), while others are blaming everyone from the airline to, wait for it, birds. Yep, bird strikes are a thing, apparently. My inner voice is screaming, “People died! Can we have a little respect?” But this is WSB, where the only emotion stronger than fear is greed.

Honestly, the whole thing is a mess. One commenter claims the airport’s design is to blame, with its “concrete fence” of an ILS system. Another insists it’s an “airline issue.” It’s like watching a financial tennis match, but instead of a ball, it’s a tragedy, and no one’s keeping score. I’m just sitting here with my popcorn (metaphorically, of course), wondering who’s going to be right. Will Boeing tank? Will it bounce back? Will bird-proof planes become the next big thing? Your guess is as good as mine. This is the stock market, after all - a place where logic often takes a backseat to memes and mayhem.

One thing’s for sure: I’m not touching Boeing stock right now. It’s like trying to catch a falling knife – exciting, maybe, but mostly just dangerous. I’d rather stick to my index funds and let the gamblers do their thing. Sometimes, the best move is no move. And in this case, that’s definitely my strategy. Meanwhile, let’s pour one out for the victims and hope this kind of tragedy doesn’t become fodder for internet speculation again anytime soon.


Advice

Don’t try to time the market based on tragic events. Stick to a long-term strategy and avoid emotional investing.


Source

https://www.reddit.com/r/wallstreetbets/comments/1hp58wb/boeing_news/

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