"The Progressive zombie herd needs a long time out. Stay in mom's basement and smoke pot. Then the adults can take rational action to get our economy growing better than average."
You mean like your guy Bush did! NO THANKS! You want us to trust the pathological lying, history rewriting bigot, Trump? NO THANKS! Dr. Seuss Cruz, the guy who can't even get along with his own party and tells as many lies as Trump, NO THANKS! How about Rubio the guy who rarely shows up for work and isn't trusted by the people who voted him to the Senate. Rubio recently voted against a Democratic-sponsored amendment that would have allowed the U.S. attorney general to use the consolidated terrorist watch list to deny a known or suspected terrorist from legally buying a weapon, if there is “a reasonable belief that the applicant may use a firearm in connection with terrorism.” BTW Rubio vastly overstated the number of Americans on the federal government’s various terrorist watch lists. He said there are “700,000 Americans on some watch list,” when in fact the number is closer to 25,000. Once again NO THANKS!
"while driving the U.S. into financial ruin"
While everyone else in US economy benefits from low gas and diesel prices. Think trucking industry, UPS, FedEx, airlines, power plants, construction, consumers, Walmart, auto industry, manufacturing and global inflation to name a few. Basically every other sector besides oil benefits from low energy prices and the better leveraged energy companies will come back stronger. Do you have a functioning brain goofski?
I don't see it happening, they just did a 7 for 1 not that long ago and have been aggressively buying back shares. Why would they go and increase shares when they want to reduce them with buy backs?
From MarketWatch, "Action in Apple’s stock since April's record high has taken the form of a large, sideways, so-called coil-type digestion pattern, which my work indicates is at or nearly completed ahead of a big increase to the upside. As long as coil support at $114.22 to $111 contains weakness, watch for Apple to test and hurdle $136.20 to new highs.
I wonder if the Donald would let him back into the US if Mohamed El-Erian traveled home to Egypt to visit his family. You know you can't trust them Muslims!
Well 9,378,784 shares short disagree with you, some only have 4 days to cover. NFLX short from $131 to $122 is 9%. $1.70 to $1.50 short is 12% gain, you do the math and see which investment will make more money, say 10 grand both ways.
What are you talking about, LNCO is up over 30% today and both have been down 30% as well. Pennies can still equate to high percentage moves in either direction. If shorts anticipate a move down in the near future they will jump in regardless what price the stock is trading at. It's all about percentage of gain or loss not the SP. A $.30 cent move in a $1.00 stock is still 30%.
Half empty half full. The fact they decreased by a million shares in a couple of weeks with oil plummeting and OPEC pumping full throttle is a positive where I sit. This could change in a minute but it looks like the bottom might be $1.30 heading into years end. I still think oil could jump dramatically in second half of 2016, not to $100 but $60 is in the cross hairs and Linn can survive with $60 oil.
The short interest in Linn Energy, LLC – Common Units representing limited liability company interests plummeted by 9.1% or 937,245 shares. The final shorts are 4.2% of the total floated shares. The positions dropped from 10,316,029 shares on November 13,2015 to 9,378,784 on November 30,2015. According to the per-day average trading of 2,113,822 shares, the days to cover are 4. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on December 9th.
Mohamed El-Erian, "While out sized market moves can be jarring, he stressed that they can be exacerbated toward the end of the year. "Markets overshoot on the way up and markets overshoot on the way down. That's our reality. And it gets worse at year-end because people want to protect their balance sheets."
"According to KBW research, as of December 2014, the percentage of energy portfolio."
I have to question the research put into this article. According to the article they reference the date of Dec 2014 which is entire year ago. Why not use the information from the most recent 10-Q which was released last month on 11-10-2015. Anyway the 10-Q Clearly states they are 6% invested in oil and gas down from 9% in 2014. They are also 6% invested in the Energy/Utilities category down from 8% in 2014. The only oil and gas company listed in their portfolio is RAM Energy LLC.
They reduced the closest notes due in 2019 by 53% recently with exchange agreements. They now have about $400 million due in May 2019 and another $500+ in Nov 2019. This could possibly be reduced further because they set aside another $500 million to get rid of $1 billion more debt. They have about 2.5 billion due in April 2020 and around $550 million due in Nov 2020 which are Berry senior notes. They have around 2 billion due in Feb 2021 and another 1.1 billion due in Sept 2021. Lastly there is around 1.2 billion of Berry notes due in Sept 2022. I hope they are still pumping oil and NG in 2022 :)
" Trumps not electable I'll say again, ah maybe if he gets a decent hair-cut!"
That's like putting a fresh coat of paint on a yacht with a huge hole in the bottom, hoping it will stop it from sinking. :)
My bad gumby that should have been directed at the other g as in ghondula. All you g's sound alike :)