You would consider selling now because there is no dividend. I held from $25.00. Finally, I said, let me take what is left and look for a better play. My belief is they are mismanaged, and the stock will go lower. We could get a bounce after a 40% haircut, but you are looking at stock which is COMPLETELY out of favor. Management is everything. Look at Kinder Morgan. This is a stock I would much rather own because of management. Or NYCB.
We'll be monitoring your progress, lol.
"Linn Energy: "What can I say, we had to turn on those guys in the $20s. They just couldn't deliver. We backed them for a while but then in the $20s it was pretty clear that they were doing a lot of dumb things, and now they cut the distribution. I've got nothing good to say."