No, I am not certain. I just simply doubt very much they can pay a yield that high when the stock is trading around 6, just be prepare when they announce earnings they could suspend the dividend as well.
Sell it, tax season is just around the corner. Don't be the last person holding this piece of dog poop till the BK happens, it is not worth it, take the loss and deduct it from any gains you have this year and don't look back. Everyone make mistakes once in a while, so don't beat yourself up.
People seriously, as a formal shareholder of this piece of #$%$ company this thing is not going to come back because the company is in real trouble. We did not think oil was going to go this low but it did, imagine just staying between 40 and 50 for the next year or two? Can this company survive? ask yourself that question......I do believe we are being manipulated in oil, the big boys are at it again tanking the oil markets so they are in control for how long I don't know the only thing I know for sure if oil does not rebound to at least 60 many weak companies will go belly up, do you really want to take a chance with Line?
It is kinda of late to be fleeing the stock no? Next is BK for sure, the talking heads like Cramer are talking oil at 43.00 that is not going to bode well for Line not if we stay between 43 ad 50.
Maine you are an idiot, only idiots make fun of other people misfortune, not to mention you are probably in the same boat one way or another. Stop being a child, grow up.
oh please spare me your stupidity, single digits for COP, really? I don't ask you on what do you base your stupid comment cause is really not necessary. I pretty much doubt your brain can handle an adult conversation. So carry on with your pea brain...
I am with you on this one, the people that are rating you lower have no clue and still holding this dog with the hope that it will come back "some day' in another words, their head still stuck in the sand and will be there even as the company declares BK. hey, maybe they will get lucky and do a reverse split, lol....If they have not sold by now they are clueless and should not be in the stock market period.
Are you stupid or something? a dividend cut? NOT GONNA HAPPEN... People listen to me, if this thing goes any lower start buying...I have a buy order 76.00 below the closing price, my oil target is 37....I will buy chevron and Cop any day. So buy.
FREAKING FREE FALL PEOPLE. What do you do if you still holding this dog? I don't consider myself lucky when I sold it at 22 a share I lost money, but damn is 6.00 how for crying out loud. How do you folks do it? keeping the faith, holding on to this in the hopes it will come back someday?
smalls what is your problem? if you think T sucks then why are you here? do we look like we need help from you? go and whine someplace else.
not for nothing here FGddd, LINE is gonna go belly up. There is no way in hell this company can stay afloat if oil stays in the 40's? Sorry. but I don't buy it, management truly sucks on this one. I am also watching SDRL that is another one that I think is going down.