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Linn Co, LLC Message Board

  • call_center_tech call_center_tech Nov 4, 2013 7:50 AM Flag

    2nd negative removed from picture

    SEC no longer in the picture and now BRY acquisition moving forward (albeit at a higher price). Given BRY's better than projected performance during the interim period and the fact the its reserves are larger than originally estimated, the higher price may be warranted. Final piece will be the announcement by LINE management of a dividend increase, which they projected (with the BRY merger) would happen soon after. When all 3 of these events occur, LNCO should return to the mid $40s IMHO.

3.32-0.06(-1.78%)Oct 9 4:00 PMEDT