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emurphy1951@aol.com

emurphy1951@aol.com
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  • Why Linn Energy Is Not A Ponzi-Like Scheme [View article]
    Excellent article, well said, factual and accurate. All too often, so-called analysts misuse terms carelessly journalistic drama and attempting to valid their weak opinions.
    Linn Energy is has a strong base of real resource assets and operations among majors and independent producers, which "Ponzi" schemes and Enron-style shams lack.
    Management of LINE and LNCO are superior to many of its competitors.
    Jul 9 08:34 PM | 2 Likes Like |Link to Comment
  • BAML comes out in support of Linn Energy (LINE) and LinnCo (LNCO), upgrading shares to Buy from Neutral while lowering its price target on each to $30 from $41. Shares have dropped 29% and 28%, respectively, since July 2 news of the SEC inquiry. LINE +3.9%, LNCO +3.7% premarket. [View news story]
    In my opinion, LINE is a substantial asset-based energy company operating in regions of the greatest potential for growth in domestic energy reserves, competing effectively among the majors and largest independents, and performing at or above expectations of the marketplace. LINE is an asset-based company with cash flow, net income and substantial capitalized value. I agree with the Bank and other supporting analysts; and I doubt the analysts who speculate on the down-side risk, probably short-selling as they blog.
    Jul 8 11:41 AM | 2 Likes Like |Link to Comment
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