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Linn Energy, LLC (LINE) Message Board

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  • elle_cid99 elle_cid99 Aug 5, 2011 3:59 PM Flag

    Linn selling to raise cash? No.

    I checked this board as part of my decision about buying some LINE today.

    I own shares of a very different company whose share price has declined ever since they announced they would sell shares as it became good business sense. They did not announce the secondary that everyone was expecting. That company is CIM.
    This kind of announcement makes investors really nervous--whether or not it should. I'm not buying LINE until I see how investors react.

 
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