I haven't received anything in my account as well which i thought would be on the 22nd. Wonder what the problem is?
Why did NTLS crush and burn so bad over the last week or so? Down around 4.50 per share. Like 20%. i am thinking now good time to get back in. Any thoughts?
I am still confused by the stock action. I don't see these wild swings day after day with the other trusts. Sure does appear that day traders have picked this one to play with. Also has me a little worried since it continues to drop. I don't count today much of a gain.
I think the trust said that the majority of the capital expense was to come in the forth quarter. The last time they declared the capital expense (second quarter) the dividend was cut in half. I assume the capital announcement will be made in the next press release (probably late this week or early next week) which will drop the stock even further. What am I missing?
I have a few natural gas stocks, one a trust, and none is dropping like this. Got me completely baffled. I understand the equity sale @13.85 but why the continued decline. What has changed? No clue. And there seems to be no bottom in sight. I guess i will go down with the ship. I tried to average down but that didn't work. Just more losses. Can someone give me a reliable reason for the continued decline. I know when it was in the fifteens it could vacillate 70 - .80 cents but it would always recover near the ex-div date. I guess will just have to wait and see. I have average down to about 13.50. Of course wish I had waited.
Won't that crush the oil producers like LINE, EVEP, VRN, etc revenues will be cut in half, dividends will be slashed, and allowance of reserves will be decimated. What am I missing if this were to happen other the markets in the energy sector losing billions in value.
The CEO of Gulf just said that oil will be $50 a barrel by the end of the year based upon supply. Won't that ,if it were to happen, crush LINE, EVEP, VRN, and all of the oil and NG producers.etc. Sould like i need to get out of anything having to do with oil and NG production?
Never fails to surprise me how folks continue to play into the hands of the manipulators. Down grade today with no news. Folks run for the hills. And the shorts laugh all the way to the bank.
How can they afford to pay dividends on both LINNCO and LINE when earnings doesn't seem to cover even the LINE distributions. Both issues are still based upon the earnings of LINE. ????? Can someone explain.
My bad - one was from Motley Fool and the other from Alpha was intitled "A different kind of Oil and gas Company". just clicked on headlines in Yahoo after selecting the stock.
Well I hate to admit it but it looks like it is over. There is just too much negative stuff not to have some fire underneath. prefect example of a very important investment rule. Don't fall in love with a stock. And also the use of a stop loss. There is no way anything good is going to come out of this. I have made one last gasp of pulling out by buying calls this morning. If i am wrong could be rewarded and if i am right want lose too much. I am holding on to equity position for a better exit position.
It is going to be interesting to see how this plays out. it amazes to me why any of us held on when they are better opportunities. So why hold on to a risk. We seem to never learn. Oh well maybe next time but this has been a good learning experience. Anytime something negative comes out repeatedly it is time to move on..
I am not knowledgeable enough to know the truth about LINN's real value but in my past experience with stocks I have found when there is this much negative press there is usually some element of truth. And in the end the retail investor who is holding based upon "hope" usually get's burnt. I own the stock but am not optimistic on the outcome. But like the other LINN supporters I am holding hoping for a good outcome. Taking a loss at this point is hard to stomach but if it falls below 30 I guess i will have had enough.
if it doesn't pay a dividend and minimal growth prospects isn't better places for your money. Or is a play on rising food prices. I do realize it could be treated as a hedge against a market correction.
The stupidity of retail investors continues to amaze me. You are right but wait until it drops another .30 cents.
But their stupidity is our gain.