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Linn Co, LLC Message Board

  • makemy2005 makemy2005 Jul 5, 2013 8:37 AM Flag

    today might be start of recovery move...........

    i'm not gonna play crystal ball here, but I am thinking we might be getting some covering from the shorts here especially if something positive breaks about the deal arrangements and prospects of the BRY deal. I think a decent move in the green direction might trigger some COVERING by the shorties here and send us back towards the 30.00 mark. JMHO.....GLTA LONGS

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    • Still has book value over 33.00 even without the deal of course..and a median target of 40.00. I know if the SEC uncovers illegal cooking tactics in accounting that the above assumptions are going to fizzle.....I believe that although they use "aggressive" hedging tactics I don't believe it will be found to be "illegal" so in time all will be forgiven and forgotten and these lows will be looked back upon as a true buying opportunity.

      Sentiment: Strong Buy

10.71-0.32(-2.90%)Mar 2 4:00 PMEST

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