I'm glad my contentment isn't rooted ultimately in my finances. How deeply unstable, unpredictable, and wavering is one's financial positions. I don't care how much you have in savings, in retirement, in LNCO, in anything -- if your primary contentment is rooted to anything in this world -- it's unstable, and will rot, decay, rust, be stolen, and leave you wanting. Even if your investments do well and you never lose anything -- so what?!? You won't take anything with you beyond the grave.
Trusting in the Lord Jesus who died in my place, was raised again, and paid for all of my sins on the cross IS my EVERYTHING! Therefore, when LNCO plummets for a few weeks, it's no biggie! There really are bigger things in life! Even if it LNCO never recovered and I lose thousands more, I'm content. LNCO is just an investment -- not a god.
Trying still to be wise, care for my children, plan for the future is great -- but trusting in Christ is the foundation for me to be able to invest well without being tossed around by the emotions of millions of gains and losses in the Market. Since the stock is doing so poorly -- let's talk about something that really matters!!!
I've been quite pleased to see LNCO gradually move up in share price since merger. By my math, it's up about 4% in 3 weeks, since merger completion. Now that the dust has settled, I'm optimistic for LNCO this year. I'm also happy that as the dust settles, this stock is increasingly becoming less volatile, less of a target for day traders, and more attractive to LONGS and traditional investors who select solid companies and let their money sit for years while gaining interest. Best of luck to all the LONGS!!
Sentiment: Strong Buy
If you can't beat em, join em. Glad I was able to add some shares to my position on the cheap. Glad (for now) the bleeding has stopped! Enjoy todays rise!
Hoping that will be the case again! Wish I would have sold and bought back at these prices. Will keep holding for now -- but nearly all my profit went bye-bye with todays further decline. Hang in there Longs!
How? Why? That's a really high % of this stock being shorted. That seems like a large amount of foolish gambling……unless the shorts know something the rest of us don't. As for me, I'm LONG LNCO and buying more every chance I get right now. What are your thoughts on why this is still being a strong short option for idiots?
The answer to your question is, "NOT." We're done with the 29's and moving on from last years lows to new year highs! Any other questions we can help you with?!?
Sentiment: Strong Buy
To buck-the-market on a big down-day and be in the green 1% when nearly everything else is red is a HUGE win! Quite happy with this little investment. Nice to climb out of the rubble from 2013!! Bought back just in time to enjoy the 2014 shuttle to the moon!
Sorry Mike. It does depend on the price you bought in at. When did you buy? It hasn't been up enough this year to drop that much. Even at todays price, it's up for the year. My average PPS is just under $29 so I don't mind a little slip and slide action down. It will recover and has potential (once BRY assets are in full swing, along with other potential purchases and/or sales of properties) to pop up. In the mean time, the monthly div's keep adding nicely to my position at a great PPS. Every investment is a gamble. I can't guarantee anything in the market, but I can say, LNCO is steady, not a ton of risk at this price, and has great growth potential. I recommend HOLD, IMHO!
I agree kis! Man, with the massive ups and downs in LINE/LNCO last year, there are still a lot of people playing LINE/LNCO like a yoyo. As this year progresses, these large ups and downs will stabilize and those who go short on ex-day will stop making what they were making last year and eventually get burned. Those who try to "time" the market may do well in some instances -- but generally, its quite hard to predict and sustain gains that way. Too many variables that move the price around -- not just ex-div day! Who knows, tonight, LINE could announce their next acquisition, or announce an increase in dist/div, or bad news could be published. I'm fine holding through some dips and buying more on bad days. I expect (all-in-all) things will go up slow and steady!
In the last week, the short interest has dropped from 11.7% to now 9.69%. It's still high -- but I am glad to see it drop. As the price per share continues to gain and hold ground inch-by-inch, so the shorts seem to be scurrying away from LNCO little by little. Good riddance shorts! Find another stock to manipulate. Bring on the upgrades, the dividend increases, the increased share prices, and more!!!
Thursday should be a BIG day for Linn. Not only was 4th quarter good (from what I've read thus far) but this will be the first conference call where we should get some indication of how the BRY assets are settling and shaking out. Any weakness between now and Thursday is a buying opportunity.
Yep. And "the love of it (money) leads to all kinds of evil." Being free from the love of it to love something far greater is a tremendous freedom that I would wish for all to possess! Knowing how to abound whether in plenty, or in financial ruin IS GREAT GAIN!
I don't think that LINE will remain valued higher than LNCO long-term. The K-1 tax forms required to hold LINE opposed to LNCO make it less attractive, in my opinion. Additionally, it depends a bit on what kind of account you hold the shares in. I hold some of my shares of LNCO in a Roth -- which makes far more sense (and dollars) than holding LINE in a Roth since you miss the tax benefits. Anyhow, IMO, LNCO will long-term be valued higher than LINE. It's only a matter of time. Either are strong buys right now though!!
Sentiment: Strong Buy
Drip. Drip. Drip. Drip.
Love picking up new shares every month and not too sad to see PPS sluggish through Q1 of 2014. Picking up additional shares at a low cost is pretty nice. Compounding is wonderful! Kind of glad Mr Market is holding LNCO down presently. I'm not a day trader and don't really ever want to be. I have enough stress in other parts of my life. Glad for slow/steady growth and consistent/safe dividends!! At 9.5% -- it's really hard to beat LNCO!!
Sentiment: Strong Buy
Should have bought FCEL a week ago when it was 1.40 per share. Its bound to crash soon! LNCO is far less glitzy, but stable, faithful, and still has plenty of upward potential! FCEL has TONS of downward potential from here!
That is a strange, unexplainable trend. Watching these companies for the past year, I see this trend too and may jump on your band wagon in the future. Though my preference is more of a buy it when it's low, hold tight and DRIP for the next 30 years, not caring as much about PPS, except to keep adding shares on dips. This strategy has worked well for me and I'm sitting pretty in my LNCO basket for the year. I got into LNCO through BRY and my average PPS is...well...I won't brag. Let's just say that I averaged up my cost basis at yesterdays low. I expect 3rd quarter to really kick butt!!! Hang in there Longs!!
I agree! My hunch is YES to all (which is why I own LNCO). Management is smart and savvy. Seriously doubt they wouldn't have counted and double counted the cost of the BRY merger before up-ing the price and completing the deal. Discounted Cash Flow will be interesting to watch as assets settle. Again, I have a hard time thinking LINN would complete a deal so aggressively that they didn't see huge potential for increased DCF. Should be a great call tomorrow. Didn't they say on the last conference call that the BRY assets would immediately be accretive?!? Hope we're able to discern a little better "how" accretive they have been. May take another quarter to unpack these results though. Slow and steady is a great way to grow! Long LNCO!!