What are they going to use for money to buy back the debt? The debt probably will be bought, but it won't be by Linn Energy.
I sold BBT a few years ago when they said they wouldn't lower the dividend, then did anyway. To me, that was a credibility issue. It is up $3 since then, but I still stand by my decision. Why invest in a company that you trust their word?
I don't think so, at least not yet. They could sell more assets or merge with another company. There property values are too high for them to go under.
That was me! I actually haven't sold any yet. I'm saving it in case I need a tax write off. I'm too old to hope to recover my money.