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Linn Energy, LLC Message Board

  • lwhilby lwhilby Mar 24, 2010 2:42 PM Flag

    Small investors gets screwed

    On 5/3, the stock closed at $27.43. On yahoo Finance, the acquisition of the Michigan properties & the secondary offering was posted on 3/22. Yesterday, the stock closed at $25.00. From 5/3 - 5/23, I lost over $8,500 on my 3,500 shares of LINE. Now, why couldn't the news of the acquisition or the secondary offering be available to me a few weeks ago so I could make the decision of whether to sell and buy back at a later time. I know the big investors knew of this news a few weeks ago. Doesn't seem fair.

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