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Boeing Dreamliner Problems bring Shares to $40

Submitted by Frank Lara Jr on Sun, 07/05/2009 - 17:41.
in
Boeing Company

To follow the canceled and Hail Mary New Orders for Boeing's (NYSE:BA) Dreamliner requires an entire blog devoted to the subject. Boeing Company shares have been all over the place thanks to turbulent Dreamliner developments, since June 8th BA shares have lost 22% of their value. Have Boeing shares finally hit bottom?

The quick and dirty on Boeing shares -- how about that growing short interest?

Boeing Company $ 41.01
BA -1.22
Short Interest (Shares Short) 22,406,700
Days To Cover (Short Interest Ratio) 2.9
Short Percent of Float 3.10 %
Short Interest - Prior 16,573,500
Short % Increase / Decrease 35.20 %
Short Squeeze Ranking™ -3
% From 52-Wk High ($ 69.50 ) -69.47 %
% From 52-Wk Low ($ 29.05 ) 29.16 %
% From 200-Day MA ($ 40.79 ) 0.54 %
% From 50-Day MA ($ 46.29 ) -12.87 %
Price % Change (52-Week) -35.50 %

Today's news Boeing is once again, bringing down the share price.

Keep Reading at theStockMasters.com - Click Here

source: http://thestockmasters.com/node/1512

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