View Single Post
Old 03-05-2019 | 05:50 AM
  #8  
Vincent Chase
Gets Weekends Off
 
Joined: Sep 2015
Posts: 1,034
Likes: 2
From: I got into this business so I wouldn't have to work.
Default

Originally Posted by notEnuf
Borrowing $1B to accelerate stock buybacks this quarter. Borrowing for buybacks is a huge red flag. This has been a leading indicator of problems at other companies as the executives try to drive up stock price prior to poor performance news or other issues. However, guidance remains the same...hmmm. This could be an opportunistic move on lower stock price but if they don't pay the loan back by the end of the year as stated it gives me pause. Something to watch.
I'm thinking its opportunistic. At $50 a share, what's keeping Delta from a takeover?
I don't have the whole picture, though.
Reply