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Linn Energy, LLC (LINE) Message Board

  • bbandassoc bbandassoc Aug 8, 2013 9:41 AM Flag

    Buyers will wait for call.

    Solid report following a weak past period. However, people selling news will dominate this morning. Buyers will wait to hear call. Let's face it, why buy before? We are ex-dividend today, so no hurry there. Some important insight could be gained by the call. Personally, I think we start trading up as the call approaches and selling subsides. Then, it all depends on what they say.

    Assuming those on this board like dividends, I would suggest you look at the VALE report this morning. The headline re: EPS is very misleading. Underlying results were very strong and guidance suggests a stronger back half of year. Stock has been slammed in recent months. Just a thought for anyone interested.

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