For sound financials like IBKR buybacks do make a lot of sense. They differentiate them from the rest who have to - but cannot - do the exact opposite - raise new capital.
I doubt this is a permanent demand destruction. It's a readjustment through a squeeze of the discretionary part of a largely non-discretionary demand for fuel.
Sort by:
Latest | Highest ratedAiling Italian Economy Ripe for Shorting [View article]
Don't Buy Into Share Buybacks [View article]
Are Safe Haven Investments Really Immune From Current Crisis? [View article]
A Glut of Petroleum Products [View article]