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Linn Energy, LLC (LINE) Message Board

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  • criticalthinker0227 criticalthinker0227 Oct 5, 2011 6:03 AM Flag

    Who's buying more?

    I have no intention of selling even a single share of LINN in my lifetime. I have, and will continue to add slowly to my position and leave it to my estate in its entirety.

    LINN isn't a security to "trade". It's a very long term investment with excellent income production and growth. In my opinion, its current share price represents a clear buying opportunity. The market is oversold and full of "scared money". The price of oil will trend upward over time and Warren Buffett said it best when asked about his shares of Wells Fargo.....basically indicating his time horizon was at least 10 years and he couldn't care less about annual ups and downs since he was increasing his share of the best bank in the USA. In my opinion, that's how to treat LINN as well. The risk is going to be worth the reward. Of course, I'm just a rank amateur...but that's my answer to your question and I'm sure everyone has different views depending upon their individual circumstances. Best of luck to all longs.

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