Screw the shareholders, while taking personal bonus checks. We will see if this management team has the "right stuff" to save LINE & the shareholders, or if they are just another group of greedy thieves lining their own pockets. Time will surely tell & fairly soon.
Too much debt is killing many oil producers, esp. LINE. Debt is a Killer of dreams, and I hope many Americans will wake up and see the Democrat Socialist fools for who they really are, blow bags spending ALL of us down the drain.
Our stupid Government headed by the fool Obama, is doing the same overspending and buildup of massive debt that many oil companies had done. Well, it never ends well does it. Massive debt = Disaster. The Socialist Democratic party should be soundly rejected by the American people.
LINE is paying the price for taking on way to much debt. Over 10 B ! Wow, now Oil is flooding the market and crushing oil prices. LINE is running out of time (when their hedges come off) BIG trouble, that is why it continues to tank. LINE may survive, and maybe not. Risky bet here.
It is high time the management team earns their millions ! Oil prices may stay LOW for a long time. Saudi Arabia wants US shale oil producers Smashed, and they are doing it right now. WTI below $40 now !
a nice steady increase in deposits and earnings is good to see. The new Nazareth branch is coming soon and should draw a nice deposit base. This branch is in a very good location, and Nazareth and the surrounding area has plenty of money for the branch to be quite successful. The EMYB PE ratio is only 11. This stock is cheap right now. With interest rates on the rise, this bank is a great opportunity, ... buy the stock right now.