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Linn Energy, LLC (LINE) Message Board

hungrydoggy 1 post  |  Last Activity: May 9, 2014 4:36 PM Member since: May 23, 2008
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  • Reply to

    Good buy at $26

    by btsoi7715 May 9, 2014 3:29 PM
    hungrydoggy hungrydoggy May 9, 2014 4:36 PM Flag

    Good buy at $40 a share. At $40 a share the yield is 7.2%. The current share price of 28.37 is sheer lunacy.

    Current price is fine by me. I'm buying more shares with each monthly distribution and each time the share price goes down too far. If someone is dumb enough to sell me a stable well run oil company with a 10% annual distribution yield at this price I'm happy to buy.

LINE
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