munny

Why I'm Short Vanguard Natural Resources, Long Linn Energy

Mike had a divorce settlement in which his wife took a huge number of Linn units.


On Apr 23 02:53 AM Freya wrote:

> Andydee: I do not trust the words of Management.
> I have heard similar words followed by "circumstances have changed".
> Actions speak louder than words. It was a glowing pitch but instead
> of going Up after the presentation, it sat there.
>
> I do not like that sort of reaction to good news.
>
> Besides, I can't figure out what Michael C. Linn did with about 1.9
> million shares. His holdings were around 4.2 million at the end of
> Nov. 2008 but even after a stock grant in Feb. of 278K, his holdings
> are listed at 2.3 million shares.
>
> Like I said, actions speak louder than words. This is the universe
> I travel in.