did anyone on this board NOT expect a reduction in divys since inception? Reducing debt OK and assume will keep co viable for a number of addl years . How about pwe at these levels?
yup herd mentality rush to get off Screaming buy at under 6 .. if it gets there but we have a long time for this to get back up with the downward trend
where can you get 10% ( at todays price) and be sure of a constant return Obviously the market seems to think that 1. the divy is sustainable, but not very growable or most likely 2 the divy will be less and less down the road . Assume that in 4 years CDs wil get 5% .. and linn still paying about the same plus or minus. what will it be selling for? Since CDs pay 1% now, I would expect lnn to be at todays price or less . PS I just added to my position but am looking for a bump and short term trade ...to hopefully 30 meanwhile pick up 10%
do not know Bought a small amt 7.65 but really hope they eliminate divy pay down debt for a few years , get financials in order then 1. return a healthy divy, or 2 get taken over .....looking for market decline in oil prices , BV a real 11 bucks.. good will worth nothing, and back up the truck under a 6 dip and make some real $$ in 5 years .. or less
The same bottom feeders went after LINE also and got nothing Cost next to nothing , throw in hook and see what you get
Every decade or so, God lifts the United States by the east coast, shakes it, and anything loose slides to California ...Awaiting an 8 pointer and buying utah waterfront
Obviously the sale and buy is for we suffering souls that have large losses.obviously not for the ones with gains . Personally selling and immediately doubling up in IRA will expect gains in IRA and tax loss partial recovery in regular
would expect co to prudently again drop divy again and therefore increase useful cash flow for debt reduction etc for future growth in a more balanced manner , but as I said, do not abandon stock.. sell and avoid wash sale as indicated, or ST calls and repurchase after establishing tax loss
long time holder of Trans Canada and done well so the 1k shares of this Las Vegas may or may not catch on I hope so for my pipeline....
the respect should come if they dispose of the remaining acreage in a fashion that will add to life of oil etc and addl add a few cents to the divy the pinhead did a job with his tiny fund .. hope he goes belly up