What a stunning stock for shorters...
You'd think it'd be petering out, but if anything they have hit it twice as hard after this latest spun announcement
Too hot for me. Have never owned a LNC share and have come very close to doing so. If the above is true, then 80c would be a bargain, depending on their cash burn.
That Teresa won't be sold in the forseeable future will surely imply a survival discount to LNC
