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Linn Co, LLC Message Board

  • nowreallyknowthetruth nowreallyknowthetruth Feb 17, 2013 3:11 PM Flag

    Common Sense: the truth of it all.

    Linn energy made their public statement with full understanding that the statement needs to be 100% accurate, truthful and not fraudulent. They have to abide by disclosure laws and regulations. Linn Energy is not protected by 1st amendment rights or "analyst opinion" safe havens to be able to say whatever they want.

    THE TRUTH: and fact to understand is that the analyst opinion by Howard Weil (Amoss) is purely an opinion, and he still has a $36 price target on LINN Energy. If some of the outlandish and reckless comments he is insinuating are true...HE WOULD NOT HAVE A "SECTOR MARKET PERFORM" AND $36 TARGET PRICE. He would have a big overstated SELL rating, and would be calling the SEC and law enforcement agencies to turn Linn in for fraud. AMOSS HAS DONE NONE OF THAT. It would appear he is either part of a "short and distort" or a bashing of the stock to get the price down to buy. That's what it more appears like if anything. They rate Linn: inline as a "SECTOR PERFORM" AND A $36 PRICE TARGET.
    The majority of analyst covering Linn rate it buy/strong buy with $42-44 price targets.

    So, if Howard Weil's Amoss is to believed, he needs TO BELIEVE HIMSELF, and rate Linn a SELL and have a drastically lower Target Price.
    No analyst has Linn rated as a "sell". The price targets are $36-46. The consensus price target is $42-44.

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LNCO
27.89+0.44(+1.60%)Apr 17 4:00 PMEDT

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