I thought LINE would go over $40 but sold at $38.90 as it was falling. With a monthly Dividend I think the price will be more volatile and not sure there will be as high run up on monthly Dividend run. I plan to watch from distance for a few months just to see how it works. I vote sell before XDay, that way you can watch without your capital at risk.
I'm hoping there's a bit of a run to ex.Will exit by next Friday with my shares and calls,hopefully with some profit.Earnings and that downgrade didn't help ,but historically there's a run up to ex.GLTA
In all sincerity the thought of 65 a barrel oil as production increases in U S has to weigh in on Linn.Unless we see a corresponding increase in demand.Other than that I don't see many flaws with this company.It was brought to my attention at the first of the yr by a Raymond James rep.It had pulled back from 40 area to 35.So me sits.