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  • Singin' In The Rain, Freddie Mac And Fannie Mae, Recap And Release, And Affordable Housing In America [View article]
    There's political deadlock here. Both parties would love to kill the GSE's but want to replace them with entirely different animals, for their own gains. There's a possibility that the president will step in and release the GSE's near the end of his term, because not to do this risks the Republicans gaining control and doing what they want with the GSE's. We'll see how close the election shapes up to be and whether this has any effect.

    In the meantime, the shares will languish in the $2 range. I am in for 15k shares, and see it as a speculative bet. Regardless of what happens politically, I don't see how the court can stand behind the sweep. I could be wrong and I will say "Ouch!" for my 401k if I am.
    Nov 25, 2015. 03:25 AM | 2 Likes Like |Link to Comment
  • Linn Energy: What To Make Of The Recent Insider Selling? [View article]
    I dumped this after Mr. Linn bailed. Obviously, he's decided the best way to make money on this company is to keep sucking his director's salary. Oil isn't the only tsunami waiting for LINE. What about natural gas hedges falling off? With the hedges gone and this level of debt for these assets? The party is over. Only a huge oil and natural gas price recovery can possibly save them. Ain't gonna happen in my opinion. You can either take the 2.20 it's going for now, or get nothing if you hold. It's painful, yes. But it is what it is.
    Nov 12, 2015. 12:38 PM | Likes Like |Link to Comment
  • Linn Energy: Why Did The Bond Buybacks Stop In Q3? [View article]
    Compare Ellis' current po boy sandwich salary to those of a working stiff. You should see the difference. So he's not work 100 million, but only several million. I shed crocodile tears. They managed the business like idiots. They 'll be richly rewarded as the stock price goes all the way down to zero.
    Nov 10, 2015. 06:38 PM | Likes Like |Link to Comment
  • Linn Energy: Why Did The Bond Buybacks Stop In Q3? [View article]
    Just sold my lnco. Lost 1k on this last batch but overall did fine buying and selling it. This is like watching a wounded animal die. No way we are getting back the oil and gas prices that will allow this to recover. I'll buy options on some other stock that's not in such dire debt straights. People who were heavy into LNCO have been crushed, to say the least. I take my pennies off the table for now. Not that this can't be traded again, but I think it's headed below $1. No bond purchases is, to say the least, ominous. One thing we can be sure of. The executives will be able to retire to gated communities. That's about it.
    Nov 10, 2015. 02:47 PM | 1 Like Like |Link to Comment
  • SandRidge Energy: Will The Debt Restructuring Strategy Work? [View article]
    Hoare, SD is toast. One was hoping that they'd become profitable at $100 oil. At the current prices and even at $70.. they will still die. This one is a dead shale duck. They aren't alone, however. Soon we will see corpses of these companies all over the shale fields. Only those who aren't head over heels in debt have a chance to survive, and only if they have premium property with low cost of production.

    SFY, HK, SD... goodbye!
    Oct 27, 2015. 07:09 PM | 1 Like Like |Link to Comment
  • The Future Of Linn Energy [View article]
    One thing is certain.. We won't see a return to willy nilly drilliing in the U.S. The Canadian oil sands are dead. High cost projects all over the world are getting shelved. We're sure to get back to the mid 70's by the end of 2016, but there simply won't be capital to fund the sort of drilling that's gone on in the last boom because $100 oil is a thing of the past. Linn is a speculative bet that I'm making at this time. I view the shares as options rather than stock because they're priced that way.
    Sep 15, 2015. 07:43 AM | Likes Like |Link to Comment
  • The Memory Oligopoly: State Of The Union Address [View article]
    To that end, I own both Micron and Linco :). The political will of the Saudis will melt in a few more months. We'll see oil back at $80.
    Sep 9, 2015. 01:09 AM | 1 Like Like |Link to Comment
  • Crude Oil: Have The Bulls Taken Over? [View article]
    The market doesn't have that much of a memory. If oil surges to $70, LNCO will jump over $5 in a heartbeat. LNCO will trade lock step with oil if oil goes up significantly.
    Sep 3, 2015. 08:50 AM | 1 Like Like |Link to Comment
  • Micron: Don't Buy The PC Turnaround Argument Just Yet [View article]
    I'd say the stock is bottoming out here. I've been wrong before. While I have immense respect for this author, I'd say he's wrong here.

    Hoping MU uses a substantial amount of cash on had to buy shares down here.
    Sep 3, 2015. 08:25 AM | 5 Likes Like |Link to Comment
  • Linn Co declares $0.1042 dividend [View news story]
    I truly doubt that we'll see $100 again, period... unless there is something that really knocks a big producing country offline. I think $80 is the new equilibrium. I'd be happy to see $10 on LNCO in three years. Still, that's a big gain from today's levels. I think it's a binary bet. Either you lose it all or you make out big.
    Sep 3, 2015. 08:17 AM | Likes Like |Link to Comment
  • Crude Oil: Have The Bulls Taken Over? [View article]
    Hoping we're heading back to $70. Sitting on 10k shares of LNCO bought at around 3.00, though I've been lucky to make a few thousand trading LNCO earlier this year.

    Hoping for a bounce to $5 in the next few months. May be wishful thinking, but I'll trade the volatility in the meantime.
    Sep 3, 2015. 07:25 AM | 1 Like Like |Link to Comment
  • Linn Co declares $0.1042 dividend [View news story]
    Puts me in at 2.90. Nothing spectacular. Also selling 3.50 calls on a portion of it. If LINE survives, should be a good payoff. I can't fathom being in at 30 and watching this happen.
    Sep 1, 2015. 11:27 PM | 2 Likes Like |Link to Comment
  • Why Skylake Is A Future Earnings Catalyst For Intel [View article]
    I had fits with Windows 10 compatibility issues with more software than I thought. I use Adobe's Creative Cloud, and the problems there became a deal breaker. I rolled back to Windows 8.1 and the Classic Shell add on.

    I honestly expected things to work fairly well. I did keep Windows 10 on a Laptop but I don't see what's so great about the Edge browser. Hardly revolutionary.

    That said, if Intel puts out a significantly faster processor, I'm a buyer.
    Aug 28, 2015. 12:23 PM | Likes Like |Link to Comment
  • Micron And Intel: Non-Volatile Memory Is Exploding [View article]
    Phred, what does this do in terms of establishing a price target for MU? Doesn't seem MU can find a floor, though some of this is the broader market decline.
    Aug 20, 2015. 08:12 AM | Likes Like |Link to Comment
  • Micron And Intel: Non-Volatile Memory Is Exploding [View article]
    Phred, care to toss out a price for MU in a year?
    Aug 19, 2015. 08:03 PM | 1 Like Like |Link to Comment