its an mlp they distribute the cash to shareholders
Hunker down boys/girls and average down if you can then collect your div. Line will be fine. Dont hedge at these levels its a suckers bet down here. Personaly I sold my puts and picked up some units today. This down trend is sector wide not LINE specific. Seen this movie many times before...
Do you realize that's only 1/2 day consumtion in the US and a 1/3 of a day worldwide.
considering the environment they are pretty good. hedge book worth 1.9B half the market cap. 2.2B Rev. only .45 loss p/unit. forget the yahoo earning estimates they are not compatible with MLPs.
The people who called the shares are making a fortune they called them at 9.00 stock is now 13 and going to 40 in 24 months.
People are anticipating LINN will cut Capital expenditures in 2015 so they are selling the inits and buying shares instead for the regular divident which may have tax advantages in 2015. Long and strong.