Replies to post #196 on LinnCo LLC (fka LNCOQ)

[downthehatch]

Do some DD here.
While long term, LNCO/LINE cannot survive $38 oil, the company has plenty of cash to operate through 2016, and is cash flow positive, with ALL of its 2016 production hedged.

In a very strong position to negotiate favorable terms with lenders, who would rather have loan payments than oil wells.

Basically, if the price of oil has bottomed, and is beginning to slowly go back up, there is a lot of upside for LINE/LNCO.

[bar1080]

Hey, for me it's in at .19 and out at 1.21.

"In at.20 out at 1.20 I'll take it for now company looking like its going down the tubes."