LINE/LNCO was one of his best four energy picks for 2014 and beyond. But hey, we already knew that, right? EEEE HAWWW!!!
Bargain prices yes..... and anything up to 32 would be. But if one feels this is going to 40... then even 35 is a good price... lol. I am rather happy to be in at 28 for the most part, myself. But I did take somewhat of a bath after the big ride up last year and then ZING it went down after the merger bit got going. I got OUT at 33.... WHAT A CRAZY YEAR!!!
ya, I saw it too.... and cringed... but he's RIGHT this time.... This is a total turn around of stock price... You feel like a football player that just made a first down... gets up and points "First Down!!"
Scottrade has its own "drip" now.... so yes... I am on automatic pilot... mine is for LNCO, yes.
Bout time we got good news.... good news we all KNEW and hoped would come to fruition. For me... I am going to ride the tide and enjoy some Muscato that I was too upset all summer/fall to enjoy. Ah yes, that's the ticket!!
Happy Holidays to all!!!
not necessarily on this board Oh great one... but I do agree with you. GE looks great long term. For me? I am "all in" on LNCO and staying here for the very nice ride to come. I've earned it... We all have.
Oh Great One.... too funny. I hear what you are saying. But I don't recall oil prices at this level... as well as current Nat Gas prices at this level either... that will bolster the bottom line in a big way. If you will also note, Linn said Berry will remain Berry "A Linn Energy company". That just means business as usual as far as integration goes. Just putting both spread sheets together each quarter. Both companies wanted this merger eagerly, thusly I don't think there is anything but upside from here out.... baring HUGE fluctuations in oil/nat gas prices...meaning to the downside. I did not give you a thumbs down, but was tempted. LOL... Have a good one!! :)
MAJOR inside buying will get things going, too. Merger... upgrade in credit rating... Fed announcement... insider buying... Sounds like good news to me!!!!
with the FED calling for low rates for the foreseeable future? That will bring MLPs back into favor again. You watch. I think it was a good call. I look for LINE/LNCO, as well as many others to start to rebound shortly.
not sure we need a div increase any time soon... with the shares going a such a discount price now. Shares at this price are better than a div increase! Can't wait for Jan div already. Hope the price stays down til then!! I DO expect the Feb report to be very very good. THAT will kick up the price/share.
I am not offended. Cranky-buzzard is playful yet serious, too. I am semi retired. Have been in the banking/investment industry since 1975. Have seen many successes in my career choices. LNCO is my way of lining up the stars for retirement income, yet, with a serious outlook to the future. As the term goes; "Growth and Income".
My shares through Scottrade for the merger showed up this afternoon.
Have a good day and great Christmas/Holiday season.