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Linn Energy, LLC (LINE) Message Board

  • hirsct hirsct Mar 20, 2008 7:46 PM Flag

    anecdotal evidence?

    Can anyone who has access to Level 2 actually verify that the daily beating up of LINE are large block sales?

    We all know that hedgies and investment banks are dumping PIPE shares because if something on their books has a liquid market, it's out the window. When an orderly market returns to mortgage-backed securities the selling pressure on other securities will likely abate. But for anyone who watches the tape, some proof of this would be very reassuring.

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