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Linn Energy Is A Major Opportunity
I have a full position in LNCO and I'm holding for now.
The situation may evolve into an "ENRON" (highly unlikely IMHO) or it may resolve itself like GMCR. I bought GMCR at ~ $26 a few years back when there were all sorts of allegations of accounting irregularities. I rode it to $114 (total dumb luck) and got out just before it crashed again (over allegations).
It seems that there are some very panicky stupid people making decisions with no information.
I don't know if this is an opportunity for me to double down or not yet but reading that Cramer is now down on LNCO encourages me to BUY BUY BUY.
Jul 3, 2013. 03:39 PM
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