Investors....come in please!

[JHZR2]

Originally Posted By: Turk
Originally Posted By: Pablo
23.03 now. What a turd that stock is.


Hummm... I feel like buying $100k worth... If I only knew it would quit being a turd.

Well, cramer said that the div will never compensate enough for the pricipal loss...

I saw that comment in a news article this AM.

 

[Turk]

Up 1.51% on "The Sign".

 

[demarpaint]

Originally Posted By: JHZR2
Originally Posted By: Turk
Originally Posted By: Pablo
23.03 now. What a turd that stock is.


Hummm... I feel like buying $100k worth... If I only knew it would quit being a turd.

Well, cramer said that the div will never compensate enough for the pricipal loss...

I saw that comment in a news article this AM.


He's been saying that for a while now. The question is will the dividend make up for the loss or not? At the moment it doesn't look like it will, but long term who knows.

 

[JHZR2]

I dont watch his show, so this was the first time I saw it.

Id venture to guess that it will not - the div wont be sustainable. However, a growing spread is good for leveraged REITs supposedly, so youre right - who knows...

 

[Turk]

Crickets............

So, what's the plan this week??

 

[Pablo]

Buy Gold. Or not.

 

[Pablo]

OK I just backed up the truck on both LINN and LNCO.

 

[JHZR2]

Down $4+??!? Ouch!

Not sure I have the guts to have more exposure between LINE and AGNC.

 

[JHZR2]

PF dropped LINE to sell.

 

[Turk]

LNCO down 18% now!! WHOA!!

 

[Pablo]

Originally Posted By: JHZR2
PF dropped LINE to sell.


I saw that. Holding..........holding.........

 

[Turk]

I don't know to buy more or not...?!?!?!?!?

EDIT:

Bought LNCO for the Roth - 100 shares.

ALMOST bought 1000 shares - thank God for "Preview Order" - I almost skipped it!!

 

[Pablo]

Originally Posted By: Turk
I don't know to buy more or not...?!?!?!?!?




I think the news is way overblown.

http://www.4-traders.com/LINN-ENERGY-LLC...quiry-17063049/

http://online.wsj.com/article/BT-CO-20130702-703778.html?mod=googlenews_wsj

http://www.fool.com/investing/general/2013/06/19/linn-energy-comes-clean.aspx

Just my opinion, but is one of those odd buying opportunities. It may take some time for the return, but I will enjoy the income stream.

 

[Turk]

I bought & edited above. See above. Whew (Maybe?).

I almost bought $30,000 worth!!!

 

[surfstar]

Its all a poop-shoot. Markets were up .5+% earlier, then someone sneezed in Egypt and we're down. I really shouldn't even check daily, but do. Just buy and hold and keep squirreling more away.

^good luck on that roller coaster!

 

[JHZR2]

Originally Posted By: Pablo
Originally Posted By: Turk
I don't know to buy more or not...?!?!?!?!?




I think the news is way overblown.

http://www.4-traders.com/LINN-ENERGY-LLC...quiry-17063049/

http://online.wsj.com/article/BT-CO-20130702-703778.html?mod=googlenews_wsj

http://www.fool.com/investing/general/2013/06/19/linn-energy-comes-clean.aspx

Just my opinion, but is one of those odd buying opportunities. It may take some time for the return, but I will enjoy the income stream.


Cant imagine how much worse it could go. I may buy another 100 or something modest just to cost average down...

Id have thought that LINE was pretty fairly priced as it was w/o BRY, and BRY would take it to 36 or so...

 

[JHZR2]

Bought 100 at 26.88

 

[JHZR2]

Originally Posted By: JHZR2
Bought 100 at 26.88



RRRRRRRRRRR... $24.11

 

[Pablo]

Wow...........don't ever listen to me again!

Stopped out cold. Going back in..........

 

[JHZR2]

Originally Posted By: Pablo
Wow...........don't ever listen to me again!

Stopped out cold. Going back in..........


Im hurting...

I had held a lot for a while.

Cost average $33 or so, even with my buys down at 29 and below...

Painful.