Would this work? Paypal (44 billion market cap) American Express (73 billion market cap) merging?? They could then compete with Visa and MasterCard if they merged together. I don't like how American Express couldn't renew Costco. That was a huge lose though.
You are extremely stupid. Ellis and his team didn't hedge as well as others such as MEMP and even LGCY. He took on too much debt and overpaid on several properties costing millions. He has taken LINE right into an iceberg!!!!
Fire Ellis, Walker and McNeil and LINE would be up a $1 a share easily. I wonder what is keeping them around. How close is LINN to bankruptcy? Why not get some new management replacement???? Is it too late or what?
What is going,on managers? We are now under a billion market cap. Line could be bought out easily at these levels. They look like they are through. Where is management? Are they getting fired yet?
thanks. Thewzrdaz and rossroger89. I was thinking that's going to happen at the end of the year. KMI is going to be a headache for tax season (worst than just owning a MLP and filling out a K1) Part of its going to be ordinary dividend and part of its going to be return of capital. I'm not a big fan of the return of capital, yes it lowers your cost basis but if you hold for a really long time, you got to pay the taxes all at once. I think I'll stick to stocks that pay ordinary dividends off earnings in the future. Much easier when filing your own taxes!!!!
Does KMI pay an ordinary dividend or a return of capital. I hate companies that pay a return of capital. I rather fill out K1s than have a return of capital.