LinnCo LLC (fka LNCOQ)

[downthehatch]

Remember this: when a company goes through a bankruptcy, claims of creditors, employees, bondholders, vendors of goods and services to the company, as well as holders of any preferred shares ALL have priority over common stock owners.

One never knows, but most analysts who have looked at this situation have concluded that once the BK is completed, there will be nothing left for common stock.

That's why I sold out of LNCO at .50


Still glad I did.