It looks like you can't trust ALL of my "down" calls.
A little over 6 months ago, someone asked for me to check into Linn Energy (LINE) stock.
Here is the analysis I gave at THAT time: http://theinvestoradvocate.blogspot.com/2010/05/quick-analysis-linn-energy-linn.html.
I mentioned, at that time, that I didn't know enough about the industry; however, based upon the numbers that I saw, I would not suggest taking that risk.
LINE: Linn Energy
Oil and Natural Gas Company, located in the Southern portion of the US
Recent Range: $14/share – $37/share (Current Price: 27.10, as of close of 4/30/10)
Price/Sales (P/S) = 12.34 (7.33, Industry)
Price/Book (P/B) = 1.37 (2.43)
Gross Margin = 51.1% (64.1%)
Pre-Tax Margin = -109.8% (-40.2%)
Debt/Equity Ratio = 0.65 (0.49)
Current Ratio = 2.0 (1.4)
Return on Equity = -11.4% (1.5%)
Return on Assets = -6.5% (2.4%)
Analysis: Not great…
