LINE - risk-reward

[perrytime]

Seems like all the articles and opinions I read are positive, there is the forthcoming purchase Berry Petroleum. But somebody sure doesn't like it and is selling a lot, do they know some inside info?
I decided to buy 2015 in the money calls and forgo the dividend. Hoping it will hit 40 by then.

Anyone else here follow this company?

 

[rbmrtn]

There were a couple of negative articles from Barrons that were suspect because the authors ties to a hedge fund that was short LINE. Most of the other reports I have read are positive.

I picked up some around $34, looking to add some more.

 

[haha]

There were a couple of negative articles from Barrons that were suspect because the authors ties to a hedge fund that was short LINE. Most of the other reports I have read are positive.

I picked up some around $34, looking to add some more.

I know little to nothing about this MLP. However, if a hedge fund has a large short position, and they are laying out all the distributions to maintain this position, I would at least try hard to understand their thesis.

These guy scan surely be wrong, but they are rarely off the wall.

Ha