Really have to be careful with all of these crushed MLPs and
other energy small & mid-caps (& some larger ones too).
After hours Line/Lnco announced the retention of Lazard & drew
down all of their remaining revolving line ($919M to $3.8B total).
Death throes. It's going to be a recurring story.
LNCO a rounded bottom forming
Posted by stsystem on 4th of Feb 2016 at 10:54 am
LNCO a rounded bottom forming
Really have to be careful
Posted by a_l_ on 4th of Feb 2016 at 05:25 pm
Really have to be careful with all of these crushed MLPs and other energy small & mid-caps (& some larger ones too). After hours Line/Lnco announced the retention of Lazard & drew down all of their remaining revolving line ($919M to $3.8B total). Death throes. It's going to be a recurring story.
LNCO down over 40% after
Posted by a_l_ on 4th of Feb 2016 at 08:38 pm
LNCO down over 40% after hours.