Figures when asked for the truth you pull into your shell like a turtle. Another 1 of your ids on ignore.
Keep creating more troll.
Since you claim to know all my trades on LINN. How many trades did I lose on and how many did I win on. If you are a honest person then you will know the correct answer.
By Amey Stone
Ouch! After a while, there’s not much more to say about the punishment of upstream master limited partnerships taking place this week.
All the stocks listed below hit new 52-weeks lows on Friday, closely tracking the sell-off in U.S. crude, which dipped below $40 a barrel before climbing back to $40.46 by 3:15 pm. ET:
Linn Energy (LINE) touched a new low of $2.27 before bumping up to $2.40 by 3:15 p.m., still a 5% loss so far on the day. Its sister company, LinnCo (LNCO) was at $2.31, flat for the day after trading as low as $2.15.
Vanguard Natural Resources (VNR) traded as low as $6 a share before clawing back up to $6.34, a 3% decline.
LRR Energy (LRE), which is supposed to merge with Vanguard, traded at a low of $3.15 a share, a 5% drop, before regaining some lost ground to $3.25 in the afternoon.
Memorial Production Partners (MEMP), hit a new low of $5.36.
Legacy Reserves (LGCY) hit a new low of $4.78.
BreitBurn Energy Partners (BBEP) also hit a new low of $2.22 earlier in the day, but was actually trading higher late afternoon. Its stock was up 6 cents to $2.32 at 3:15 p.m. ET. That’s a 3% gain so far on the day — a rare blip of green on trader’s screens.
Those that wish to bet on oil go with majors and strong balance sheets
The majors are sucking wind as well. There comes a time when a sector is non investible at a this point in time. Throwing good money at a bad sector is a horrible idea. In fact I suggest that people stay in cash and wait this whole market out till the selling stops across the board. But oil no way.
The rest of your post is just more propaganda from the tantrum throwing Norris.
Who knows it is hammer time on all stocks. Doing the Hammer dance.
Your new investor is as you said. Are The speculative, day trader and swing traders. Which do not let a stock appreciate for very long. An LLC?MLP is for income investors long term. Without a distribution this is no more then a day trading stock. If you are a long term investor in this stock the likely hood of any significant appreciation is limited to the upside.
Insties are bailing and a stock under 5 bucks gets very little attention from your better investors and income seekers.GL
Real yourself in Norris. You went way off topic as usual.
LINN let it be know they are in trouble with the first cut bigger the 50%. Then they ussued shares when hey said they wouldn't And now the total relinquishment of the distribution. And this statement we are staying with in our cash flow. One oopsie and their goes that statement.
Meanwhile, Linn needs an entirely new breed of investor and that switch out is well underway.
How can you prove this staement
Or COP or D or some refiners. The mlp oil gas and pipeline sector is out of favor.
Of course KMI is not an mlp but it appears to be out of favor as well.
Here is an example of MHR. A person showed up here touting MHR was a buy at 3.00. I told them that MHR was a dead beat of a stock and always has been and would fall under a buck and probably go out of bizz, It now sits at .85. They also said they were playing with MHR-pd. Which they bought at 23.00. The preferreds ran to over 30 and have now collapsed back down to 23.0o. Moral of the story people gamble in the stock market. Whether it be with LINN or a company like MHR. I have done my gambling with stocks under 5 bucks and has worked out well. But these days I don't need the stress anymore. GLTA.
D has a great record of follow through. No matter what your doom and gloom outlook may be Norris.
Just like their LNG plant that they are building as well that was approved. This is more then your usual utility.
Talk to your republican base they were supposed to get rid of ethanol. remember what you said.
Conversion of methane to isobutanol provides economic and environmental advantages upon which the collaboration will look to build. In comparison to other gasoline substitutes, isobutanol offers cleaner burning combustion with less corrosion, holds more of gasoline's energy content allowing longer travel, is cheaper to blend with gas, and its compatibility with the current petroleum infrastructure offers a dramatic improvement in efficient transport of the fuel itself. These positive attributes are driving investment in butanol plants which may reach $6 billion by 2020 according to Bloomberg New Energy Finance.
"Dominion's operational leadership in natural gas processing and transport along with their extensive geographic footprint makes them an ideal partner to scale-up and commercialize IEP's bioconversion platform," commented Robert F. Walsh, Senior Vice President and Head of Intrexon's Energy Sector. "We believe our innovative biological solution for converting low cost natural gas into higher valued fuels, lubricants and chemicals will transform the gas to liquids field."
How do you know that normal was over priced oil for these past decades? Could be that the norm is what is happening now and the correction was way over due.
This was all set up with the very bad BRY deal that cost LINN heavily as they over paid. Kind of like the buyers of the new shares at 11 and change. Don't know whom they were but................
Really you are going to ask what management lied about....Really...........They over paid for BRY they sold great assets for so so assets. And settled for less cash om premier property before the fire sale. Come on man.
Save your money buy some D. An mlp/llc without a distribution.
Might as well buy a house with out a roof.
How about the facts that management was untruthful to its owners/investors the last 6-8 months in all so many aspects of what they would do and wouldn't do But still you won't get any money from this class action law suit years down the road.
Come on gumby......Keeping companies under control is bad thing, while production is higher then it ever has been,,, We have solid growth in Oil companies and it isn't about to go away because of yours and Norris's gloom and doom posts. Cheer up buddy you are still living quite well I believe by your posts. Smile and the world smiles with you. Frown and you frown with the likes of Norris.