Theory ?? Do you contend that 92 cents today is an improvement ?? .92/15= 6.1 cents !!! WOW, I guess you're right, that is a 50+% "JUMP" from 4 cents ! Yeah, and you can take that to the Candy Store !! Sadly, there are no more nickel bars available.
Graphon/Hopto has failed to find a viable business plan with all their various incarnations. I remain unconvinced that our current one will be THE ONE ?
What is your --"theory" ???
On RARE occasions a company comes back after a R/S. I'm not betting we can do it . I'll wait and see.
I do admit I'm unhappy that Scottrade charged me a $20 re-org fee for this R/S !!!!
What we REALLY need is MORE REVENUE and PROFITS . I hope our esteemed management team can spell those words .
HOP on it HOPTO !
Yeah, I guess that explains why it was trading for a nickel a share and we had a R/S !!
dagg--Thanks for that clear explanation of what we are really looking at. We can "tread water" at ~ $25 and keep the bank sharks from eating us alive. Hmmmm-- maybe I should have said "tread oil" ???
melanie---Accounting , to me, is itself, a form of a scam. Your statement : "They are using our royalty accounts to conceal their lease operating expenses from their financial statements ! " Is very interesting , but is it illegal to do this ?? I don't know, and I bet 10 accountants would have 10 different opinions. What we all want to know is does Linn have enough money to keep the wolves away from the door ?? By that I mean, service their debt and pay for their operations at a break-even point ?? Can anybody with an ACCOUNTING background look at this and deliver an opinion devoid of histrionics ?? Thanks.
Zacks has NO CLUE ! They just put out an article about KMI where the writer DID NOT know that there was a 75% div cut !! So how can you trust anything they are spewing out ???
This country is simply doomed. Probably the majority of posters are simply too young to have known what a GE appliance stood for. GE made HIGH QUALITY items that lasted for 20-30-40, even FIFTY years ! Your purchase was simply expected to be an expense that was not small, but intended to last a LONG time. !! What will our Chinese " friends" do with this historic brand ?? This entire country was built on it's manufacturing strength, now we can't even build a toaster ! A sad comment on the downward slide of America.
robby--Yes, exactly right. The hedges carry us to the start of 2017 and that coupled with their increased attention to cost reduction should keep us out of Ch 11 as. I simply DO NOT believe that oil will stay this low forever. They should also be using some of that div $$$ that we used to get to buy back debt at these rock bottom levels.
Trick here is to get the Saudis into a nice, long shooting war with [INSERT COUNTRY OF YOUR CHOICE] and let them destroy each other. That will triple the price of oil and all will be better. Hmm, maybe we can get the CIA to fire things up over there, they are good at stuff like that.
You still driving a car ? Heating your house ? Using electricity ?? If not, just go end your life . Your comment makes me think your brain has turned to dust.
Turning now to our hedge profile, LINN has hedged approximately 100% on expected natural gas production through 2017 at an average price ranging from $4.48 to $5.12 per MMBtu. For expected oil production, the Company’s hedged approximately 90% for the remainder of 2015 at an average price of approximately $88 per barrel and approximately 70% in 2016 at an average price of approximately $90 per barrel. The Company’s hedge book had an estimated mark-to-market value of approximately $1.9 billion as of September 30, 2015.
Notice how many SPAM posts we get here from the clowns pushing their PENNY STOCK 101 site ?? seems like 50% of all the posts. The posters all have a fake name usually with a 4 digit number at the end.
PLEASE flag all these posts to Yahoo by reporting them as ABUSE. In about 10 years, Yahoo will get around to doing something about it.
To FLAG, hold mouse pointer over name, FLAG option will appear, then click "REPORT ABUSE" from drop down menu.