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Linn Energy, LLC Message Board

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  • hirsct hirsct Mar 7, 2008 6:07 PM Flag

    Clearing up some misconceptions

    back to the PIPE issue which I think is more fundamental to the sustainability of the payout. In general, my issue with owning shares of publicly traded companies is management's constant addiction to creating new shares thereby diluting the value of existing positions. Especially when your main motivation for ownership is for the divy
    So my question is: What assurance can anyone suggest that LINE is done with PIPE's? If anyone follows BWP, they got killed with cost overruns on key projects and have no choice but to open the PIPE faucet again. the stock got killed with the announcement.

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