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American Capital Agency Corp. Message Board

  • roym717 roym717 Oct 13, 2012 10:41 AM Flag

    OT: LINE

    Hey guys

    Looks like Line is starting it's divvy run. Up .54 yesterday to $40.55.
    I picked up a bunch of Nov $40 Calls for around $1 on Thus.
    Line was up past $42.25 last week. Exdiv is approx 11/3/12 I wouldn't be surprised if it hits $43 by ex.


    Sentiment: Strong Buy

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    • Hey Roy -

      I'm in this one with you. Bought Nov 37's for $3.00 on Thursday. You are aware they launched a newly public sub on Friday (LNCO), I assume? It priced below expectations but jumped 5% on first trading day and LINE itself popped a bit, on heavy volume. My hope is that people hung back on LINE waiting for the IPO of LNCO and now that it is known there will be a rush to reenter the stock. $43 would make me very happy!


    • I follow LINE, sure alot do, and agree if it wasn't for the VIX (fear index). I can afford to sit out a couple of months with 90% in cash and probably will. It crazy times in the marketplace for sure!

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