LINN Energy (fka LINEQ)

[1manband]

It is over. The common units are worthless, as the bankruptcy has been confirmed and all existing equity is to be cancelled.

"Pursuant to the Plan, each of the Company’s units outstanding immediately before the Effective Date (including any options and warrants to purchase such units) will be cancelled and of no further force or effect after the Effective Date."

https://www.sec.gov/Archives/edgar/data/1326428/000119312517023984/d290546d8k.htm

It is difficult to believe the units are still trading for 11 cents when they will be worthless shortly (within 30 days, most likely). Consider it a gift to anyone still holding units, as it gives them a chance to bail out before it goes to zero.