not sure of reason behind lynn's underperforming the market and sector today but evep is very weak today as well, currently down about 2.2% while lynn is around 2.3% down... odd on no news and flat to up oil/gas... jack?
Who cares why it's down. It's probably some leveraged dope getting blown out of their position. When the yield spikes over 8%, just buy it. Those that are disappointed in LINE's performance, are you kidding me? Have you seen what's happened to the rest of the market? I look at it as that dividend is worth a whole lot more with the ten year yield having tanked. Look for some positive news out of their presentation tomorrow.
hey i'm w/ you, adding on dips but not low enough today, add order sitting at 34.50 will not fill today but maybe w/ more european noise or US congressional infighting... nothing wrong with 8% divi & lynn's growth... gl