I was surprised to see Linn Energy down big today. I searched for news to determine the reason for the drop. I read that Barron's had made some negative comments about the company. Having followed this stock for years, I knew it was on sale. Therefore, I purchased shares of Linn Energy at $35.85. This stock has a 8% dividend yield.
The news about Fusion IO CEO resigning was big news and the stock was down over 20% today. Having sold this stock a couple of days ago, a decline of this magnitude seem to be extreme. I entered a position at $13.27 because I thought this was a low risk entry point with a mental stop at $13. The stock closed today $14.60.