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05-06-2013, 10:44 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Mississippi
Posts: 1,894
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LINE
Anyone looking LINE ( Linn Energy) today ? It took a big step down this morning. Only thing I can find is a negative Barron's article over the weekend, they are moving to monthly divs, they recently made merger with Berry petroleum...
Been thinking about picking some up for a while and it is close to my target.
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05-06-2013, 04:27 PM
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#2
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Dryer sheet aficionado
Join Date: May 2008
Posts: 49
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Bought LNCO shares this AM at 38.48. It's about one and a half percent of my dividend income portfolio. I think it's a fair risk for the amount of income that it offers.
Eladio
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05-06-2013, 04:59 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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LINE covered by Cramer on Mad Money today.
Cramer: This Energy Company’s Payout Should Rise, Not Fall
Might buy a few share myself.
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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05-06-2013, 05:08 PM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
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I was quite successful losing money after listening to Cramer in '06/'07. So it's been Boo-Nah! for me since then, but I hope his picks have become better for his followers.
__________________
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05-06-2013, 06:47 PM
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#5
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: St. Louis
Posts: 2,179
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 Quote:
Originally Posted by rbmrtn
Anyone looking LINE ( Linn Energy) today ? It took a big step down this morning. Only thing I can find is a negative Barron's article over the weekend, they are moving to monthly divs, they recently made merger with Berry petroleum...
Been thinking about picking some up for a while and it is close to my target.
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Like most other individual stock holdings, it's a tiny amount of my total portfolio (less than 1%). Basis is $39.30. Will yawn, roll over, and go back to sleep as I let the dividend continue to DRIP for the next few years. 
__________________
Dryer sheets Schmyer sheets
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05-07-2013, 09:01 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Aug 2006
Posts: 2,433
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Quote:
Originally Posted by steelyman
I was quite successful losing money after listening to Cramer in '06/'07. So it's been Boo-Nah! for me since then, but I hope his picks have become better for his followers.
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The problem with Cramer is that he's right about as often as he's wrong, so he's not even useful as a negative indicator. IOW, he's basically a coin flip.
__________________
I'd rather be governed by the first one hundred names in the telephone book than the Harvard faculty - William F. Buckley
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