LINE always sold off whenever it got above $40. One hope is that aggresive QE in Japan will cause Japanese savers to invest in high-yielding American stocks. This would greatly benefit REITs and MLPs.
With the number of shorts, I predicted about three weeks ago we'd see $45-46 before the ex-dividend date. Having convincingly broken through $40 today, LNCO is headed in that direction.
LNCO just took a step jump to $41. I'm feeling a lot better about my shares. The Bank of Japan is forcing people back into risk assets and they love dividend paying stocks because they tax dividends differently over there.