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Linn Co, LLC Message Board

  • wedgemahalo wedgemahalo Jul 11, 2013 10:53 AM Flag

    Never thought I would say this....

    It's good to see $30 again....

    Sentiment: Buy

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    • yeah, but how good is 40 going to feel once the sec says no need to go further and this stocks starts to really takeoff because everyone will know the bry deal is going forward and valuations for that are 40+ and even as high as 60.00. market over-reaction will push lnco and line up to their 2013 highs and above once the news breaks in aug............jmo, follow or short it if you think that's bs

      • 1 Reply to makemy2005
      • My concern is not in the SEC findings - it is in the length of time the investigation takes and if it ends up destroying the BRY deal because of the delay. IMHO, the short attack has been as much about that as it has been about anything else. Keep LNCO shares way down and the deal gets scrapped. In a worst case finding from the SEC (IMHO) they change rules going forward for MLP's (not just LINE but all of them) and it reduces future dividend payouts. The end of the world stuff is pure fiction, but the timing of the investigation sucks related to the BRY deal

 
LNCO
28.79-0.16(-0.55%)4:00 PMEDT

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