True, but they are not worth what they think.
Let the Union get rid of the bums, who do not want to work.
Help get good conditions for the employees, then it Is useful, Else Not.
as long as MHR does not go PK, the Dividends are cumulative.
If it does, then the Preferred's are ahead of the common for getting money.
I would by the Preferred D instead.
Both pay about 16% based on stock price of a couple of minutes ago.
The Preferred D is at is 24.88 or less then 50% of Par.
The Preferred C is at 15.47 or about 61% of Par.
When NG and Oil turn around the capital gain is greater % on the preferred D.
Hey Union stooge.
Do you now think most of executive pay is from Wireless?
Very little from wireline.
You are in a dying business.
I agree, but even so, it will take time to get over 6.
A lot of people who got it cheap, will take a quick profit.
If oil gets up to 70 or so, and stays there, it should be up over 10.00
May take several months.
Must disagree (I hold some preferred).
It is best to keep the company afloat in these times.
Then pay the Dividends latter.
What a bunch of #$%$.
The cut of the Distribution, will allow them to buy 450 MIl this year of Bonds, etc.
The have a positive cash flow.
Net Income, means very little in this space.
LOL as long as oil goes in in 2016 or 17, LINE and LNCO (owns LINE shares) will be ok in the long run.
NOT GOING TO 0 any time soon.