Quite a call there drn. Have you checked the price action today? Seems you're just another shorty loser.....I do appreciate you paying a portion of my dividend though.
not a reason to buy in.... but Zacks just upgraded Linn Energy to "buy". What this tells me... is that there is nothing wrong with the dividend and that the stock will come back. The stock market is so choppy... I'd rather just sit in LNCO and get the dividend.
Thanks buzzard.. I did not know about the Zack's upgrade. Like you, IMHO divvy is solid for this year and stock will bounce back. LNCO mgt is not stupid and they have been doing this for a long time. Every thing looks positive but, some just can't stand the heat of this-as you say choppy market. Over supply of LNCO shares from the BRY deal has hurt us and depressed the pps some but, time will work that out.
P.S. I forgot to add: I don't believe you ever held a long position in this stock! You are just another "poser" pretending to be a long. The fact that you predict 25 dollars tomorrow proves my point.
I don't want to give you a good reason to buy back in because we don't need more "weak hands" in this stock. If its been a "losing" position for you, then you should DEFINITELY not buy back into this stock and find another investment instead.