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Linn Co, LLC Message Board

  • patient_lt_investor patient_lt_investor Jul 18, 2013 4:00 PM Flag

    SEC Investigation of LINE/LNCO

    Make no mistake about it; the entire future of LINE/LNCO teeters on the outcome of the SEC Investigation. The recent declines/rises in the pps for these shares, the lawsuits initiated, analyst upgrades/downgrades, the hopes/dreams/fears of LINE/LNCO shareholders mean nothing at all.

    If the SEC finds in favor of LINE/LNCO and it's accounting/payout procedures, then LINE/LINCO shares will soar.

    If the SEC finds egregious errors in LINE/LNCO's accounting payout procedures, then LINE/LNCO will be destroyed, just as ENRON was. There will be no BRY buyout, lawsuits will drive LINE/LNCO to it's knees, bankruptcy will be declared.

    I don't know which way this thing will turn, EVERYTHING depends on the SEC investigation. The big question is, "Has the management of LINE/LNCO been honest/competent/straightforward? The SEC will ask/answer that question.

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