Just put out 12 Bil in bonds. Why not. I would also love a stamp of approval from Buffet. He bought us at a higher price and LOVED what he saw then. Oil always bottoms, and the leader with a large moat is on sale at $29 with a HUGE dividend. In fact, I'd love for him to take out his elephant gun and buy up NOV completely. They also have great management that he could leave in tack and would compliment his other energy businesses and investments. Another reason to buy us. Insight to the turns on the market, positive or negative. Buffet has his finger on the pulse of the world economy. He even has owns a real estate company. Every aspect of the economy, he owns. He knows when it will slow or grow way before anyone else. That gives him one hell of an advantage.
If the floor increased by 6%, then the buyback threshold should be at around $129. Plus bro-Buffet and his bro-tein shake has about 60B in cash. No place I'd rather be right now. New 52 week high this year.
I was wondering the same thing. Getting nervous the may cut it, or worse suspend. I would really like some management to start buying some shares for confidence, and even better a purchase of a company, an announcement of how they been repurchasing shares. Really, anything at this point. lol