I have a comparison going on the charts, it does look to me like this is machine trading based on oil prices. There are variances throughout the day, and I'm sure there is another input to the formula, but it does not appear to be NG... So I'm not sure what it would be.
In other words, anyone holding basically has a commodity that pays a div/dist (depending on which one you hold). We won't get the premium or stability until global issues and oil prices stabilize. Too much risk on the commodity right now for there to be a gap between the commodity price and the stock price.
Revenue and production numbers are different. You can produce a lot of something that is worth less, meaning it is a smaller portion of revenue while still being a larger portion of production.
I don't think there is a "link" out there for it. Even if someone did publish it, there would be massive speculation from people bull and bear as to why it is wrong, with huge color charts and spinning graphs with flaming graphics as to why they are right...
Unless Linn publishes the number, I would not put much stock in it, as a published number outside of Linn would most likely include research with some bias, or missing information.
Now, instead of asking gpd for a link, maybe ask him how he arrived at that number... That is what I would like to know. :)
you are still a putz my friend. The price is tracking with Oil. I've been saying that for a while now. To say differently is just, well, I guess your definition of "genius".
This all started around the end of August/beginning of Sept.
I would never ever send my money to be managed, I have done quite well thank you. Especially someone as snarky as yourself.
Actually, it sold off at the bell due the drop in oil overnight, that any "genius" could predict. However the direction appears to be the opposite of sliding.. At least at 9:45 Market time it is going that way...
Your "Broker" (aka your Teddy bear) might need to do some research...
geez people... You would think this board is full of day traders by the way they watch the stock tick by tick, analyzing every move. For a day trader who got in 3 days ago and then out at the open yesterday, that is a heck of a profit (congrats to them). Since this stock has not had 3 up days in a row since some time in October, if I were a trader, I would have done the same thing to keep odds high. If you think the books, management and message works, then stick around and all this will wash out.
Overlay a crude chart... It will explain a lot, as they are trading pretty much in tandem.
Something I was watching...
The short interest in the last 3 days has been increasing, even with the price appreciation. As of this morning it was at 6.5% or just shy of 13 million shares... What is interesting though is LNCO is at 7.3%... Should something happen and these guys need to cover it will be a Katie bar the door moment, as it is closing in on 5 days to cover...
Actually, it happens more when you are young... as you get older you have the opposite problem... :)
Man, can you really be THAT bad? (apparently) I mean c'mon, this is just common sense. Don't post things you don't know anything about (In other words, you should go play on an index fund, or video game forum) since you constantly post blathering BS without any research done first.
I don't have a water line, I am on a well. I choose to live outside the metro areas...
I get your thought process there. Makes some sense. However LINE/LNCO has typically been run on a very conservative curve. Making aggressive moves is what led to the short story about the distribution coverage over the summer of noloveforline... :)
Now that they are back on track, with dividend protection as the priority, keeping the hedges in place to be used when it is needed, not when it makes you happy seems to be the course they are on. Don't look for that card to get played unless it is absolutely necessary.
Seven percent short
Six shorters shorting (in their pants)
Fiiiiiiiiiiiiiiiiiiiiive "hooooooooooooly craps!"
Four days increased shorts
Three bad pundits
Twwwwwwwww-o days up
And a useless poster going ooooooon iiiiiiig-nore....
See, it's not hard to do... But if you are going to do it, at least put SOME thought behind it.