Investors....come in please!
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Sold all my LNCO today >6000 shares. I had an insane fit of take profits. It was up on positive news about the Berry deal. Don't worry I still have a ton of LINE which is up over 20%. I get the feeling now anything over $30 on these two now seems over valued and frankly even for me it seemed I had too much in my portfolio.
I did buy EPI today, but only 500 shares.
I did buy EPI today, but only 500 shares.
Originally Posted By: Pablo
Sold all my LNCO today >6000 shares. I had an insane fit of take profits. It was up on positive news about the Berry deal. Don't worry I still have a ton of LINE which is up over 20%.
Yea-but -- Look at all that income you're missing out on...
Sold all my LNCO today >6000 shares. I had an insane fit of take profits. It was up on positive news about the Berry deal. Don't worry I still have a ton of LINE which is up over 20%.
Yea-but -- Look at all that income you're missing out on...
JHZR2
Staff member
Originally Posted By: Turk
Originally Posted By: Pablo
Sold all my LNCO today >6000 shares. I had an insane fit of take profits. It was up on positive news about the Berry deal. Don't worry I still have a ton of LINE which is up over 20%.
Yea-but -- Look at all that income you're missing out on...
+1. Reinvesting shares makes for great compounding.
Originally Posted By: Pablo
Sold all my LNCO today >6000 shares. I had an insane fit of take profits. It was up on positive news about the Berry deal. Don't worry I still have a ton of LINE which is up over 20%.
Yea-but -- Look at all that income you're missing out on...
+1. Reinvesting shares makes for great compounding.
I have MORE shares of LINE. If LINE/LNCO tanked again, well crud. I saw prudence in taking some big gains off the table.
Originally Posted By: Pablo
I have MORE shares of LINE. If LINE/LNCO tanked again, well crud. I saw prudence in taking some big gains off the table.
Understood. I've done that in Ret. accts, just not Regular accts.
This new job is not turning out good (way too much stress, no time or parts for correct development), so retirement may be very soon. Or, open to other possibilities. Thank God I'm very marketable.
I have MORE shares of LINE. If LINE/LNCO tanked again, well crud. I saw prudence in taking some big gains off the table.
Understood. I've done that in Ret. accts, just not Regular accts.
This new job is not turning out good (way too much stress, no time or parts for correct development), so retirement may be very soon. Or, open to other possibilities. Thank God I'm very marketable.
Enough about you.
LINN may very well cut the dividend. Watch out.
OTOH this guy thinks they will go up:
http://seekingalpha.com/article/1687442-...rce=google_news
Good stuff:
http://www.fool.com/investing/general/20...tdown-begi.aspx
http://www.fool.com/investing/general/20...den-assets.aspx
Bad stuff:
http://seekingalpha.com/article/1676132-...gy-common-units
LINN may very well cut the dividend. Watch out.
OTOH this guy thinks they will go up:
http://seekingalpha.com/article/1687442-...rce=google_news
Good stuff:
http://www.fool.com/investing/general/20...tdown-begi.aspx
http://www.fool.com/investing/general/20...den-assets.aspx
Bad stuff:
http://seekingalpha.com/article/1676132-...gy-common-units
JHZR2
Staff member
Guess I shouldn't have taken my profit in VE at 16.68...
JHZR2
Staff member
Originally Posted By: Pablo
Enough about you.
LINN may very well cut the dividend. Watch out.
OTOH this guy thinks they will go up:
http://seekingalpha.com/article/1687442-...rce=google_news
Good stuff:
http://www.fool.com/investing/general/20...tdown-begi.aspx
http://www.fool.com/investing/general/20...den-assets.aspx
Bad stuff:
http://seekingalpha.com/article/1676132-...gy-common-units
The big question right now IMO is if they will have to readjust the terms of the Berry Petroleum deal given the value of BRY vs LNCO.
If BRY goes through then there will be no issue because production will stay high and there's a lot of access to new areas where production can occur. Apparently access to the Monterey Shale is a big deal too.
IMO a dividend cut is priced in at these levels, because even if it is approximately halved, most likely it would still falling the 6-8% range right now. That's really not bad for the long run.
Enough about you.
LINN may very well cut the dividend. Watch out.
OTOH this guy thinks they will go up:
http://seekingalpha.com/article/1687442-...rce=google_news
Good stuff:
http://www.fool.com/investing/general/20...tdown-begi.aspx
http://www.fool.com/investing/general/20...den-assets.aspx
Bad stuff:
http://seekingalpha.com/article/1676132-...gy-common-units
The big question right now IMO is if they will have to readjust the terms of the Berry Petroleum deal given the value of BRY vs LNCO.
If BRY goes through then there will be no issue because production will stay high and there's a lot of access to new areas where production can occur. Apparently access to the Monterey Shale is a big deal too.
IMO a dividend cut is priced in at these levels, because even if it is approximately halved, most likely it would still falling the 6-8% range right now. That's really not bad for the long run.
GREAT article (& Comments below) on when to sell a dividend payer...
http://seekingalpha.com/article/1691512-when-should-you-sell-a-dividend-stock
http://seekingalpha.com/article/1691512-when-should-you-sell-a-dividend-stock
I bought WIN and SO on Friday
JHZR2
Staff member
Originally Posted By: Pablo
I bought WIN and SO on Friday
Have had WIN for a while and a nice profit. Havent looked at SO... You trading it or buy and hold. I have a decent exposure in my utilities funds.
I bought WIN and SO on Friday
Have had WIN for a while and a nice profit. Havent looked at SO... You trading it or buy and hold. I have a decent exposure in my utilities funds.
Originally Posted By: Turk
Here's a twist....
What stocks are you "GLAD" you sold...??
Not a stock, but NUGT! 3x ETFs are a full contact sport.
Here's a twist....
What stocks are you "GLAD" you sold...??
Not a stock, but NUGT! 3x ETFs are a full contact sport.
Originally Posted By: JHZR2
Originally Posted By: Pablo
I bought WIN and SO on Friday
Have had WIN for a while and a nice profit. Havent looked at SO... You trading it or buy and hold. I have a decent exposure in my utilities funds.
Been thinking about SO for a while, just holding off to break the downtrend.
I'm really liking COP, low payout ratio, consistent dividend growth & good growth as well...
What do you think about COP??
Originally Posted By: Pablo
I bought WIN and SO on Friday
Have had WIN for a while and a nice profit. Havent looked at SO... You trading it or buy and hold. I have a decent exposure in my utilities funds.
Been thinking about SO for a while, just holding off to break the downtrend.
I'm really liking COP, low payout ratio, consistent dividend growth & good growth as well...
What do you think about COP??
On CNBC this morning, Meryl Witmer, Eagle capital, buy Phillips 66 (psx) for the long term.
Wayne
Wayne
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