NEW YORK ( TheStreet) -- I was speaking with Jim Cramer today about Linn Energy (LINE - Get Report), a holding in his charitable trust as well as a holding in my portfolio. He wanted to respond to what he's seen as unfair criticism of the company, particularly a very negative piece written in last week's Barron's magazine.One of the major complaints in that article was an accounting device used by Linn, which hedges 100% of its production, of taking options contracts and booking them as an asset in their financial filings.
Dicker: Linn Energy Is a Buy
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts