Linn Energy, LLC (LINE) Message Board
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u are being cramerized
right now!
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yeah who are the retards bidding this up over 12% in after hours, they clearly know nothing about the bid/ask spread in after hours trading...will be ableto buy it much lower tomorrow afternoon..........
- 1 Reply to downhomesophisticate
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Hope so...put in my limit order for tomorrow.... ;-)
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Long Term Debt 2,970,525
Balance Sheet
Total Cash (mrq): 9.61M
Total Cash Per Share (mrq): 0.083
Total Debt (mrq): 2.23B
Total Debt/Equity (mrq): 2.375
Current Ratio (mrq): 0.473
Book Value Per Share (mrq): 8.16
To much debt....I'll wait...
Your buy shares off of Goldman...- 2 Replies to major_risktaker
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Your analysis of LINE balance sheet is flawed.
LT debt includes $738 million of hedge liability that has reversed -- it should not be counted.
LT debt doesn't reflect application of proceeds of Appalachia and Verden closings which reduced LT debt by $700 million post 6-30-08.
Current ratio is distorted by ST liab for hedges of $355 million which have largely reversed and is probably an asset at the moment. Excluding that, current ratio is > 1:1.
Cash balance is always low because collections in excess of immediate needs are applied to the credit line to reduce interest costs.
Keep waiting if you don't understand the financials. -
cramer should of call this one at 10.00
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unfortunately no shares are available to short this PIG
- 1 Reply to americanpie007
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you need to find a new broker, LINE borrow at IB no problemo
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