Agreed. Would Linc really uy back shares knowing Teresa was NOT going to be sold?
Think about it. Linc's primary concern is cash burn, price of oil and global economy.
Linc would never buy back if they thought Teresa was not going to be sold, especially in the midst of what looks like to the emotionally erratic investor GFC2 starting.
Greece is defaulting and oil is down and right now all stocks are getting hammered.
So worst case and best case scenarios...
W: The crisis becomes GFC2 and Dow goes to 6000 and oil goes to 50 and Linc goes to 0.90 cents
B: The storm is once again weathered. Commerce and the wheels of business continue, oil goes to 95 and linc goes regains acordingly.
As I am pretty sure this storm will be weathered as all are in time, you make the smart decision.
Long term investors will be buying more LNC here.
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