You mean if the Koch brothers win the election don't you ? After all, the tea party is nothing but the PAC for the Koch brothers.
If Aliens land, we're all in a lot of trouble. Its Columbus landing in the new world and discovering the Indians all over again, but this time, we're the Indians.
Even Donald Trump, the ultimate tool of the wealthy, admits it was George W Bush that destabilized the Mideast with the overthrow of Sadam. You are confused with the concept of "cause and effect".
They intend to sell bulk carriers into an oversupplied bulk market with historically low BDI. How well can that go ? Like trying to sell snow to Eskimos.
ROYT has a profit interest in oil wells controlled and run by another company. Its the other company that you should be worried about. Its privately held so no public disclosure of financials.
OPEC has no recourse. They do not control price of oil. Excess supply is to blame for the collapse of oil prices and nothing OPEC can do about it. Culprits are 4 million barrels a day from Shale, 5 million barrels a day from IRAQ, 2 additional million barrels a day from Russia. Iran oil waiting in the wings. All major oil associations have projected low oil prices lasting, at a minimum, several more years. Rumblings by OPEC members is nothing but background noise, there is nothing they can do. Oil prices rising can only occur if there is some major oil production destruction in the Mideast, either through war or terrorism. Probably not going to happen, ISIL is careful not to destroy oil fields, they want to pump and sell oil too. After all, terrorism in Mideast is all about power and control, with a sprinkling of religious rhetoric.
My quote is directly from their press release on Nov 11th. Its the only communication that's been made by ISH. The last Edgar communication from ISH is from Nov 3rd and it was partial financial release of data. You should get your facts straight.
Your comment is BS. The press release is as follows: " the Company will also provide an update on its discussions with lenders, as well as its progress in the implementation of its Strategic Plan to streamline the Company around its core segments." . . . . facethefacts101, your facts are false, you're just another short seller that thinks posting on this message board can actually move share price. What a loser.
As Warren Buffet has said, "When the tide goes out, you see who's been swimming naked". Linn was swimming naked. Over leveraged and when commodity super cycle ended, Linn was caught. Obama has nothing to do with it, except in your delusional mind.
Linn receives an average of $82/barrel for their oil, with hedges in place. They have @ 65% of oil hedged this year and next. Take away the hedges and Linn is losing $1.4 billion per year. If oil prices don't recover, Linn is done. Nat Gas is same story. Hedged at @ $4.50 through 2017. If Nat Gas prices don't recover, Linn loses half their revenue from Nat Gas. The hedges help for short term market downturns, but this is not a short term market downturn. Oil and Nat Gas prices could stay low for a decade.
Quarterly profit of $111 million but hedge gains of $550 million. Take away the hedges and they lost $439 million for the quarter. Oil hedges run out next year and Nat Gas the year after. Prices better recover soon or LINE goes under.
The strength of America is the right to vote. Its also a weakness because feeble minded people's votes count as much as well informed intelligent votes.
"greed and selfishness" . . . that's just basic human nature. Its in all walks of life. Usually hidden behind closed doors but sometimes it leaks out.