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Linn Energy, LLC Message Board

  • happyperson_1 happyperson_1 Jul 5, 2013 1:52 PM Flag

    Short covering is not about dividend.

    The dividend is 26 cents. They are not giving away 4 dollars to save 26 cents. They are taking big profits now and will wait for the weekend to see if there is any more negative news. If there is good news for LINE they will lose some profits as they have shorting at much higher prices than here but they will take home a bigger bundle with the profits they are taking today.

 
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