% | $
Quotes you view appear here for quick access.

Linn Energy, LLC Message Board

  • navkram navkram May 10, 2013 11:51 AM Flag

    the signal today -buy

    At 10:03 a sell order blitz of over 70,000 shares in less than a second took the share price from 34.48 to 34.40

    That was the hint that the short sale stabs now are failing to generate collateral damage selling. Even huge short stabs fail to make any profit.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • There have been enough positive and detailed arguments to the contrary, e.g. Seeking Alpha, Motley Fool, etc., that those who have a bias to the long side feel comfortable getting back in at these depressed prices now that LINE has stabilized. Lack of volatility doesn't make for very good short trades.

    • I think we hit capitualtion today. 3 times to break below $34.20 and all failed. If day ends up, then we will rally back up. That $3 gap down needs to fill.

    • I agree. The shorts are running out of steam and time. They did not get the collateral damage this effort had to have.

      Deal goes through and distribution goes up. Then goes monthly.

      Management has to do better than last quarter. But look at their wealth creation over the life of LINE and it beats almost every other company. It is Mr. Ellis's job to understand he drove to far to fast thereby providing this opportunity for short wealth destroyers to attack. He is a smart American with an excellent record.

0.18+0.03(+16.13%)May 23 4:00 PMEDT