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Linn Energy, LLC Message Board

  • bigk95133 bigk95133 Oct 24, 2013 6:54 PM Flag

    Will see at $25

    It will drive down hard tomorrow. I have to chance to buy it back $24!!!

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    • I want to go on record and say I do not think so. Not even close. If it is going to be that bad, I think we would of seen it in after hours.

      • 1 Reply to johnmbeek
      • I think people here (longs) are freaking out unnecessarily. This will play out tomorrow with some sort of sell-off, magnitude of which is just a conjecture. Those with strong hands and fortitude will take any major dip as another opportunity to add.

        I have taken two bites below $22 and would love to add some more if it tanks and approaches that level. Interest rate sensitive names have perked up lately with ten year US bonds firming up. People will gravitate to yields. Just keep avoiding trades based on fear and emotions and making stupid mistakes to take unnecessary losses. The way Line has traded in last three months first with massive institutional dumping and then consolidation, I personally believe that this sell off will not be materially deep. Good luck to one and all.

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