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Linn Co, LLC Message Board

  • makemy2005 makemy2005 Jul 5, 2013 10:48 AM Flag

    company response............

    I know companies rarely respond to lawsuit announcements upon advice from thier own legal team but in light of the brutal manipulation of this stock I would be very surprised not to see some type of release today, if not in response to the lawsuits than something to shed some light on the BRY deal, no news is not good news all the time.

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    • A lot of times when in act companies have confidence in thier business model, including hedging practices, they will not respond to BS lawsuits that they know will not prove any fault and furthermore when their profit going forward doesn't rely on any given deal as other future ones will come along once the dust settles and no wrong-doing is found. This is nothing more than that and this strong company although exposed to natgas pricing fluctuations, it is not at risk of collapsing and I am quite sure they have their eye on the commodity markets and a plan is in place to counter any huge drop in price. Hold your shares, they will start to cover soon and also more news will clarify the risk details and company accounting practices.....ALL SMOKE AND MIRRORS.......HOLD OR BUY

      Sentiment: Strong Buy

 
LNCO
0.1197-0.0029(-2.37%)May 23 4:00 PMEDT