LNCO bottoming

    Posted by stsystem on 17th of Sep 2015 at 10:18 am

    Matthew/Matt please have a look at LNCO

    stsystem- thanks for the idea, here's

    Posted by matt on 17th of Sep 2015 at 12:22 pm

    stsystem- thanks for the idea, here's a chart.  Yes it's oil based, quite a few of these have similar patterns, RRC is another with a similar pattern.

    Nice base for sure, definitely ones to monitor, we'll see how they react.

    as Steve said, it's cutting is dividend after this quarter

    LNCO chart

    RRC chart

    LNCO chart ok but like

    Posted by steve on 17th of Sep 2015 at 10:30 am

    LNCO chart ok but like others dependent upon commodity price (and market). The board has recommended suspending it's dividend this after this quarter just so you are aware.

    LINE 2021 bonds are now

    Posted by a_l_ on 18th of Sep 2015 at 09:48 am

    LINE 2021 bonds are now trading .29 on the dollar. The bond market is indicating serious trouble for both LINE & LNCO. Be very careful on the long side.

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