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re: LINE/LNCO - Anyone with an opinion?
Posted on 8/4/15 at 5:51 pm to TheHiddenFlask
Posted on 8/4/15 at 5:51 pm to TheHiddenFlask
Do you think LNCO survives an LINE implosion?
3
Posted on 8/4/15 at 5:57 pm to cwill
It can't, all it owns is LINE. LNCO is for folks that want or need to avoid a K-1.
eta: on the topic of stupid ideas for MLP's. I heard a lot worse two years ago at the height of all this mania. A couple lawyers that were hosting a MLP 101 session joked about putting food trucks that served drilling sites and pipeline construction spreads into an MLP. Everyone chuckled a bit, but it didn't seem that far fetched at the time.
eta: on the topic of stupid ideas for MLP's. I heard a lot worse two years ago at the height of all this mania. A couple lawyers that were hosting a MLP 101 session joked about putting food trucks that served drilling sites and pipeline construction spreads into an MLP. Everyone chuckled a bit, but it didn't seem that far fetched at the time.
This post was edited on 8/4/15 at 6:00 pm
Posted on 8/4/15 at 5:57 pm to cwill
^^ the same assets drive them both, they are the same company, just in different structures; both rise and fall together.
eta: check out ticker FUN
eta: check out ticker FUN
This post was edited on 8/4/15 at 6:03 pm
Posted on 8/4/15 at 7:06 pm to cwill
Obviously not. My point was that my purchase was a trade, not an investment. I bought it a couple weeks back. Definitely bleeding on this one, but I will live to fight another day.
I think Linn is a fine operator, the highly levered structure is tough, but the large number of wells makes it much more of a pure play than other stocks that have been beaten down.
I think Linn is a fine operator, the highly levered structure is tough, but the large number of wells makes it much more of a pure play than other stocks that have been beaten down.
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