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Linn Co, LLC Message Board

wedgemahalo 5 posts  |  Last Activity: Oct 22, 2014 10:29 AM Member since: Jan 14, 2009
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  • Reply to

    Buy low, sell high

    by wedgemahalo Oct 22, 2014 10:28 AM
    wedgemahalo wedgemahalo Oct 22, 2014 10:29 AM Flag

    Note - 20% gain in 5 days.....not too shabby......

    Sentiment: Buy

  • wedgemahalo by wedgemahalo Oct 22, 2014 10:28 AM Flag

    Amazing how most people know what to do, but emotionally do the opposite. When this tanked - there was no reasonable explanation for the size of the drop. You have a company that does not miss a GREAT dividend payout (even during the worst financial crisis of the past 50 years) and people pummel the price because oil prices drop?!?!? Thanks for the buying opportunity.

    Sentiment: Buy

  • wedgemahalo by wedgemahalo Oct 21, 2014 9:43 AM Flag

    I love when the market goes down for fear - and then particular stocks go down even more for absolutely no reason. Makes the pickings easy. Now on a day like this after buying under $20 - I take a bit off for profit. So many stupid people buy high and sell low. Thank you bears!!!

    Sentiment: Buy

  • wedgemahalo by wedgemahalo Oct 13, 2014 11:45 AM Flag

    As much as I hate manipulation - and thingk too many people cry manipulation too often - this really is weird. Look how LINE has NEVER cut dividend - - even in the depths of the recession. Look at the assets acquired and assets sold. Now at an 11.5% yield. Absolutely maddening - but learned my lesson the last time with Hedgeye and Barrons --- accumulate when drops like this occur, and sell of profits when it inevitably returns to normal......

    Sentiment: Buy

  • wedgemahalo wedgemahalo Aug 13, 2014 10:05 AM Flag

    Yesterday was a classic oversell - capitulation. Look at the volume - completely insane. I bought end of day (I have a long position which has done me very well, and sold off on big jumps - sadly was about to sell more when it was up in the morning, but was too slow). The numbers came in and are known, and this is clearly an overreaction by those that were hoping this was the next Michael Kors. As shown today - there was a rise that had to come - and I expect it to settle into the low 30's

    Sentiment: Buy

23.74-0.13(-0.54%)Oct 24 4:00 PMEDT

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