It feels like there is something bigger behind this move than just short covering. It feels like there is an acquisition of LINE by a one of the oil giants in the works! Hold on tight!
Sentiment: Strong Buy
god these big moves up and down bring out the imbeciles
Maybe maybe not. At the opening I was hoping for a CLOSE above 25. I think that is in the bag and I am now hoping for a close of 26 or more. Long road ahead to 30 but we are in much better shape than last Monday. GLL
Not so sure I agree with you... I would like to know however what is triggering that thought?
If you want to play that game buy Anadarko and or Apache. I own both
One thing is $26.00 dollars a share.
25 years working for a major. majors need to find elephants to replace reserves and none of linn's properties fit that profile.
an oil major is not going to buy line because their property profiles don't fit what they are looking for. Line buys properties from them because these properties no longer fit the major's portfolio.
Berry deal will go through.
Agree, More going on here than we know.