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I love the Q's because of the fear attached to them and the smart money loves the scared money. If I learned on thing from 2008 play the fear and listen to noone. LNCOQ goes to .28 today.
GLTA
Trend
What is all the mumbo jumbo on the 8-k about?
Recent 10-K gives shareholders a ton of good info. Can we get to $2+?
traded the day...
2 positions as usual
took profits with one
still in at the close
with the other
We didn't hit 24¢ but-we-did-hit a solid 21¢
Congrats. A lot of distressed oil & gas plays bouncing. Check out the potential gap fill on DAKP.
BKs are a high-risk high-reward-potential lot, but 'eh!
The Chapter 11s I play are looking promising. I have some SUNEQ that I've been in since before BK.
As they say..."Time will tell!"
We were day-trading LINE and doing pretty well
until the bottom fell out and I was caught, couldn't get out, and was holding the bag.
I got a letter offering to swap out my LINE shares for LNCO. Whatever! Then LNCO went BK. Oops!
Thsi describes the deal: http://bit.ly/2dYApoI
Legalese gobbledygook for the most part. I've learned
the best indicator for whether or not it is beneficial to common share holders is to simply watch the chart.
OPEN .1255
HOD .188
'nuff said?
here comes the 17 break!!!
glta
trend
I got this back-in April on the swap
I considered it a lost cause after BK. DOWN 90%! I held it as wallpaper. Now it's percolatin' so I bought another 1k to chop my avg in half.
Anybody know what's up with it?
What's up with this one, given that the stock certificates are bound to be worthless shortly, if I read the settlement correctly. Of course, I hope I am wrong. I have only enough shares not to warrant the trade cost of selling them. Still, how nice if this has a life ahead, though. Is this just silly trades before the stock's certain death?
Gobsmacked of a Monday.
-p
LNCOQ Q madness .128 after BBEPQ UPLMQ news all went nuts
whats up with these bk stocks going nuts lately
LNCOQ break .12 takes it to .17 first step!!
glta
trend
LNCOQ breaking out as the oil Q's rally!!
glta
trend
good week...
more opportunities
moving averages shaping up
share price closed above the 50day
all week
http://stockcharts.com/h-sc/ui?s=LNCOQ&p=D&b=5&g=0&id=p26557553332
http://stockcharts.com/h-sc/ui?s=LNCOQ&p=D&b=5&g=0&id=p30715401423
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Correction : BBEPQ
Correction: BBEPQ
May be related to recent pop of BBECQ.
I don't know.
Dead cat bounce?
Indeed. Why is this stock going up when the recent announcement seems clear that extant equity be bumpkiss?
-pappi
If I'm reading this correct commons will be wiped out???
http://archive.fast-edgar.com/20161011/AT2ZBG2JZW2RSZZA222J2ZXMAMMJZZ22ZS82
Anybody with more understanding of B/K please comment
If it can break .075 it should
Keep an eye on this one can run further than you think
Ouch... what's going on here
... ahhhh - okay , only the daily 200k - 400k dump
I'm liking the slow climb.
Looking nice
since yesterday, only need more volume to move as she wants.
Restructuring Information / FORM 10-Q
http://ir.linnenergy.com/eventdetail.cfm?eventid=172719
May 11, 2016
http://files.shareholder.com/downloads/LINE/2639642880x0x891527/F756C499-8379-4AB0-B9A4-12B47638BC91/LINE_News_2016_5_11_General_Releases.pdf
LINNCO, LLC
FORM 10-Q (Quarterly Report)
Filed 08/05/16 for the Period Ending 06/30/16
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11526637
LINN was a top-20 U.S. independent oil
and natural gas company.
http://www.linnenergy.com/wp-content/uploads/2015/10/LINE-Fact-Sheet-09_30_2015.pdf
https://www.facebook.com/pages/LINN-Energy-LLC/167268046624220
Short Interest Decreased By 24.75%
http://www.consumereagle.com/linnco-llc-rep-ltd-liability-int-otcmktslncoq-short-interest-decreased-by-24-75/120740/
Shorted shares decreased by 28%
http://presstelegraph.com/2016/07/26/linn-energy-llc-unit-rep-ltd-lia-otcmktslineq-shorted-shares-decreased-by-28-16/
Holding up nicely. 300k order just went through.
not such a big risk at the moment , as per how's going on the q ruling lately shares are not gonna wiped out anytime soon .. top of this ceo/insiders have some holdings and interest in them ..
What news?
It's big risk for potential big reward. Not sure what will happen.
Hello Audacious:
Never bought them. Only have LNCOQ. My Q concerns the long-term prospects of these shares. Can shares in this state recover? Or are they doomed to write-off on completion of reorg?
Happy to say I've not been in this circumstance often enough to know or felt the need to research such prospects.
But if these shares are going to remain viable going forward, even a modest toss of cash in now, or even not, would seem to have impressive upside potential.
pappi
You really should exchange shares to LNCO. Not worth the risk of CODI IMO. I am holding here.
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