Do not see any news to the downside...no real catalyst for the stock to go up. Should hit bottom around $26.30-$26.41 as that is 10% down from the ex-date price. 5%-10% is the usual decline after the ex-date with the extreme being 15%...but that's only happend once in 3 years. Buy more as I am. GLTA.
I'm not sure what the rush is...why not see what they say first, before getting in...this stock is WAY below where it would be if earnings are solid, coverage is above 1 and the deal goes through. I mean, if you like losing money, that's great, but I'd be careful here. Seriously.
That's great, but then why is LINE announcing earnings so quickly after BRY just reported? Again, there is SOOO much upside potential in this stock if the deal goes through, and SOOO much unknown that the market isn't pricing in anything, that you can sit on the sidelines and miss the small initial move, but catch a ride to $40 if the deal is approved. If it isn't, you sidestep a massive selloff. No brainer to me.
The deal is 99.9% dead from what I can make of the BRY statement. I'm out and watching...LINE seems like it's lost here.
So, Yahoo stated earnings would be out on teh 21st, then I saw the 24th...anyone know for sure what the hell is going on? This company is starting to irritate me.
I just watched the presentation on the Hedge Eye report with Kevin Kaiser. A used car salesman is what the reporter and Mr. Kaiser looked like. I don’t get it…maybe I’m dense, but what is the REAL problem with KMP replacing pipes with larger pipes and capitalizing it? What is the big deal with KMP actually replacing the pipes needing to be maintained, rather than just maintaining older pipes?
I think that’s a positive, and isn’t that the company’s choice? Am I in the dark on this one? GLTA.
True, it's no guarantee, but neither is what's stated in your S-4 post. Eliminate the distribution...come on, that's just in there as always a possibility. You are fear mongering.
I don't know...Hedge Eye's credibility is hurt from their sad attempt with Kinder Morgan...and not LINE has the wind at its back with the amended SEC filing. I would think they will move on.
I now have 50k shares...I've in the past held 90k. Why would share count dictate involvment on this board? I think you are closed minded.
I respect short sellers when there are real issues...in this case, it was garbage supported by another piece of garbage...Barrons. Unreal...everyone of these shmos should be in jail.
I'm waiting until we hit $27.62 before the meeting on 09/30...the move will be real if it hits that level. It looks to be losing some steam so far, but staying in the $26.50 range. I don't want to get back in yet, and have the shorts knock it back down. If the vote goes through, we're back at $37 by year end...no downside on that. Who is Keith McCullough?
REDEMPTION! In a few minutes, re-gained all that was lost on the slide from HedgeEye! Nothing like a little day-trading to wake you up the morning. Now, as soon as this thing settles down, I’m back in the for the long term. GLTA…and eat it Kevin you shmo.
I hope it hits $77...or better yet $72...load up and run with the upcoming distribution taking it back to mid $80's or a little higher. It always pares down 10%-15% from ex-date price. GLTA.
Yeah, I got that in the mail...trashed them. I know there is risk in the market, and I don't believe LINE management intended to decieve anyone by their accounting. No need to sue.