You were close the EX date is tomorrow meaning today is the last day to get that whopping .10 cent so 8th, 9th and settle on 3rd business day which would be the 12th.
They want to preserve market share at any cost. Russia and the rest of OPEC will cry uncle eventually and side with the Saudi desires. How soon is anybody's guess.
Thank you for posting this. I listened to the CC and always find the Q and A session to be most enlightening. The majority of the analysts who took part said they thought the timing of the cut was definitely the right decision as opposed to doing it several months later. They also thought the agreement with Blackstone was a positive for acquiring distressed property. Over all I thought it was a positive CC and it seems the market does as well.
Where in my post did I say raised professor? The second word in my post said "Lowers PT". Are you really that dense! Now go and delete this reply like you always do when you're exposed.
Barclays Lowers PT to $12.00 not $6 or $7 as some others are saying here. So we have Citi at $11.50 and Barclays at $12. Obviously when oil moves back up so will PT's.
How about take a nap, eat your pudding, take a walk. You jumped into a conversation and a very simple reply and ask me what to do because a single analyst says Line is near fair value. Maybe you need to call a financial adviser for advice or invest in mutual funds. BTW if your comment was really sarcasm please refer to take your meds comment.
Citi just came out with $11.50 and an anonymous message board poster says it's worth mid single digits, who do we believe.
" I fail to see any investment thesis in this environment above the mid single digits."
After this statement how is my question out of Line? I'm curious as to why you spend so much time here telling us what a horrible investment Line is while always trying to steer us into other stocks such as ARP. Also your response didn't really answer the question of whether you are shorting Line or not, are you?
In 2009 the US stopped driving and using gas and oil in excess out of necessity, we were heading into a depression. Our entire financial system was teetering on collapse as was our car industry. We lost 2.6 million jobs in 2008, the highest level in more than six decades and over 500 thousand each in Nov and Dec alone. Things are much different this time around.
DALLAS, Jan. 5, 2015 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce today an interim constituent change to The Cushing® MLP Market Cap Index (the "Index"). Enbridge Energy Management, LLC will replace Linn Energy, LLC after the market closes on January 8, 2015, due to the January 2, 2015, announcement by LINE of a reduction in its quarterly distribution. The change will become effective on January 9, 2015.
The remaining constituents of the Index will be unaffected.