OR.....Wednesday morning quarterbacking as it were. Although, as a long suffering MCP long, he makes some very valid points. I have been guilty of the same types of rah-rah posting I read here everyday, only at higher price levels. These people have to realize that wishing does not make it so. We need to see a string of positive revenue & earnings increases to see any serious movement upwards in price. Until then, I'm afraid we're sitting on dead money.
I have been involved in several discussions on this board concerning the spread between LINE & LNCO, but I don't understand why so many people feel that it needs to be at a certain level to prove an efficient market. I am long LINE and very happy. My only regret is that I didn't swap it for LNCO when it first came out since I could have been receiving the same distribution from a unit costing a couple bucks less. I understand that LNCO trades at a premium because of the different tax treatment, but I can't seem to get it through my thick skull why the price differential SHOULD be at some percentage. I shouldn't even be wasting anyone's time with this, but it's one of those things that just bothers me.
Cramer also sold LINE in the low $20's due to accounting issues. Recently bought back in just over $30. And you guys take advice from him???????????
Teachers' Unions, Tenure, Outcomes Based Education, CORE Education, bloated Administrations, etc, etc. Typical Liberal solutions.........Throw more money at the problem. Not to mention failure to award achievement (no more or shared valedictorians) for fear of hurting lesser achievers' feelings. Failure to keep score in athletic contests, instead award trophies or ribbons to EVERYONE. The CHICKENS............are coming home to roost.
Member since TODAY! Why do all these shills pump in ALL CAPS BOLD while continuously repeating a few letters or symbols? Makes them too easy to spot. IGNORE!!!!