LINN Energy (fka LINEQ)

[Advice_Needed]

It will change...there will be an extension to let the restructuring plan take hold. Also, i wont be surprised if they form an equity committee in the next month to help move that plan along. Nobody wants to see a company that is 7 billion dollars in debt with 4 billion in assets go under...not only would banks and creditors have to eat the extra 3 billion...that they cant afford to do...but they know the 4 billion obtained from selling off assets would be tied up in legal battles to see who gets it for years. The only way this goes under is if oil goes back to 30 bucks a barrel.