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Linn Energy, LLC Message Board

  • ronharv ronharv Mar 28, 2013 2:04 PM Flag

    The Berry Purchase Vote

    I doubt that there'll be a problem receiving a positive vote from either Linn holders or Berry holders, even with the lawyer mosquitos buzzing about. I was really surprised to see that BRY shares are held at 10% by insiders and a whopping 84% by mutual funds and institutions. That leaves only a puny 6% owned by individuals. Once these large holders have LNCO shares, I wonder if there'll be some selling pressure by those who'd be happier taking the money rather than holding on. Maybe some are even shorting LNCO now as an arbitrage play.

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    • It does not sound like you looked at a chart to compare or the yielda..

      They seem to be getting a great deal..

      Would you rather have an aprox. 8% yield or a 0.7% yield?

      If you look at the both charts for the last 2 years and answer that question about yield, then it looks like the BRY holders just might be buying more LNCO.

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