Linn Energy, LLC (LINE)

chuckvin (97.60) Submitted: 3/9/2009 1:35:01 PM : Start Price: $12.79 LINE Score: +35.70

This stock has been bouncing around a little bit in a range of about 12.50 and 17.00. With a dividend of $0.63/quarter, it represents a 20% yielder when you buy around $13. The company has hedged oil and gas sales well into 2011 and they claim that there dividend is safe at least for that duration. I personally can't see either of these commodity prices staying where they are now (definitely not through 2011) so I say it is safe long term. They have consistently increased their reserve and hedged to mitigate the volatility of the commodity markets.

I wouldn't spend too much effort trading this, I consider it a long term play, just pick it up when it is cheap. Set it and forget it.