On Wednesday, Bakken cash crude oil prices at the Clearbrook, Minnesota, hub traded at $14 a barrel below U.S. futures, or $79.75 a barrel. They touched $77.90 on Nov. 5, the lowest since July 2012.
When the net present value of incremental dividend stream that BRY shareholders will receive is taken into consideration, the value of 1.25 LNCO for 1 BRY, is ~$70.
The NPV of the incremental dividend stream that they will receive over the next ten years, ($3.08 x 1.25) – 0.32, discounted by an interest rate of 10% is $21.69; at an interest rate of 0% it is $35.30.
The value of the stock value component will be worth $30 to 36 share price of LNCO x 1.25 or $37.50 to 45.00.
Add the stock price of $37.50 - 45.00 plus the NPV of the incremental dividend stream, $21.69 - 35.30, the transaction is worth $59.19 - 80.30. Split the difference and the value is ~$70.
This is how institutions and mutual funds will be looking at the deal.
Held through the debacle, patience of Job, bought more at $25, scooping distribs-drippin. Same story with ALU-at one point was down 90%-patience and DD is the key to investing-and luck. GLTA longs.
Sentiment: Strong Buy
CANT HELP BUT LMAO LOL
Intel Makes 14nm ARM for Altera
10/29/2013 02:00 AM EDT
SAN JOSE, Calif. – Altera's deal in June to use Intel's 14 nm FinFET process took an interesting twist when the FPGA designer announced today it will pack ARM's 64-bit cores into its chips. That means Intel will fabricate starting in 2014 high-end Altera Stratix 10 parts that use four ARM Cortex-A53 cores.
Altera says the Stratix 10 devices -- which will also have embedded DSPs and other logic -- will be its highest performance parts to date. They target a broad range of apps from search engine accelerators to communications data plane processors and radar guidance and security processing.
The deal may give Intel pause about its outsourcing strategy. To date the chip giant has experimented with offering its leading-edge fab processes as foundry services to a handful of chip designers, Altera being one of its largest planned customers to date.
traders that bought in the low 20's taking profits rather than brass balls it out. See this all the time in biotechs and pharmas on build up to FDA decision. I'm optimistic about both earnings and SEC and BRY deal. Will hold a few more years. If I'm wrong-well it will be a buying opp--and distribs keep pourin in.
LINN Energy, LLC (Nasdaq:LINE) ("LINN" or "the Company") and LinnCo, LLC (Nasdaq:LNCO) ("LinnCo") announced today that it anticipates issuing its earnings press release for the three months ended September 30, 2013 and filing its Quarterly Report on Form 10-Q for the three months ended September 30, 2013, with the Securities and Exchange Commission ("SEC") after market close on October 28, 2013. The Company's earnings press release, Quarterly Report on Form 10-Q and additional supplemental information will be available on the Company's Investor Relations website
whatever one may think of cramer he didn't do anybody any favor with that call. by the time most retailers can buy on the SEC news the price will rise so fast (IMO) that they will lose out on the great buy that is possible even now. Of course cramers call is the "safe" option for his tv audience, but if i wanted to be safe i'd buy t-bills _or wait maybe not--with tea partiers reay to trash our credit worthiness!
oh pardon moi 51.78 cloe--new 52wk high. Obviously all the longs have gotten tired of this board and its takeover by Intelliholics (s-u-x- to be them) but i'm here and have been since $7 and getting very rich.
I expect earnings to be stellar as do many others obviously. I also think there could be a "sell on the news" event but "what me worry?". This stock is acting just as i predicted in its stairstepping every quarter-establishing higher bases with which to grow higher gradually.