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North Atlantic Drilling Limited Message Board

  • Don't know if either of you saw Cramer tonight but he was on his soapbox about LINN as his number 1 pick presently ,and urged his minions to consider picking up LINN NOW, while it is so undervalued.

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    • robin0635@att.net robin0635 Jun 23, 2013 2:00 PM Flag

      Bob: Thanks for the post - saw his show... As usual he gives investors advice more geared to traders; LINE is inherently a good stock but subject to continued short-play until the BRY deal finalizes and the monthly distruibution kicks in - that's when shorts have to cover the monthly divindend being paid on their borrowed stock; until then it is still a short play - expect uptick on AH and maybe an uptick on Monday but not to hold with conviction - sold units on profits, will wait for another pull-back and then add --- LNCO is my play and the continued drumbeat for LINE works to my LT advantage on it, as the stock differential closes, this time in favor of LNCO instead of the reverse...... Time will tell - Gave you a long technical on NYMT... Good luck...
      GLTA

 
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