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Linn Energy, LLC Message Board

  • wall.street13 wall.street13 Jul 28, 2014 9:35 PM Flag

    Just like old times...

    Poor LINE can't go up to save it's life

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    • I have a good load of LNCO (several thousand shares-- swapped LNE for LNCO to pick up about 3-4% more income a while back). The dividends are great, but I, too, chafe under the bizarre daily ups and downs in share/unit price. I don't know what's going on, but can easily visualize some trading floors pushing and pulling on the price to generate outsized annual returns. And who knows what all of the high-speed programmed trading does to stocks with modest market caps. I fully expected that we'd get a boost in distribution to $3.08-$3.15 early this year, but now I don't see this for several more months. It's okay as it signals that Linn isn't going to stretch to increase the distribution, making it more secure. Security is good.
      I also have a few Jan 15 and Jan 16 calls that are under water, but believe they'll be okay in due course.
      I regret that this post doesn't offer any helpful, investable facts, insights, or advice. Mainly just sharing some personal perspectives. One should discount this sort of thing 100% and base your decisions on good facts and analysis. While misery might love company, it'll sure get you in trouble in the stock market.
      Best of luck.

    • All I have now is some jan calls, but even those are worrying me. So painful to watch this company

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