you need to drop using the word handle until you ACTUALLY UNDERSTAND ITS MEANING youngster..
Really the experts are predicting oil at 30 a barrel this year. We have a glut, oil will not go up with it. It may jump around as its over sold temporary then back down it goes. Its like saying corn is going up despite a bunker crop and storage bins filled to the brim. Not rocket science here.
Edward Moore the oil expert.....NOT. You have no idea what oil is going do. Be honest.
case of people posting what they want to hear. You have no idea where oil prices will be in a year or 5 years. At least be honest with yourself morons.
Its history repeating itself. Oil has done this before under similar circumstances and went below 10 dollars a barrel. Everybody thought that was unbelievable as but it did and stayed down for years. Linn did cut their dividend as I predicted and everybody said they wouldn't. Well they did. Stock is down 75% in a year. The forces that pushed it down are still in place. Has nothing to do with shorts, nothing. I don't know if I will buy this are not looking at others as well. Buy low sell high ring any bells. I'm very patient investor.
i don't have a position in LINN. I see people refusing to look at the facts. Bottom feeding were not at the bottom yet. sorry.
wonder why, debt low oil maybe? oil is not coming back next year either and will go much lower
2 year hedge ends 2015 then what? oil is to low to hedge now
see what you want to believe ED, don't worry about oil prices...................