I seriously believe this SEC debacle is just from the short's allegations to get credibility for their attack on the BRY merger. When this is all over, the price will rebound. You might worry about the fear that shorts pervade about this company is done for, that LINE can no longer pay a distribution, that the BRY deal is over.
LINE had the same accounting hedges it had since 2006, and none of this was a problem until they tried to get the BRY merger. LINE had paid all its distributions since then. So it is all untrue that this company is done. You stay away from looking at the stock too closely, and collect your monthly paycheck until this clears through. You are not really losing any money until you panic and sell.
As for the BRY deal, that might be a question. But LINE was $30 even before they had announced the merger, and they had paid divi since then. Whether BRY deal gets done or not does not kill LINE.
Finally, there are a lot of beautiful things in life than just worrying over money. People in your close circle loves you and it would be horrible for you to take your own life over something so trivial than stocks/money. Wall Street is a sick and silly game, and there are sick people in it - don't let them affect you. Remember, life is precious and is not worth the cheap money that they had you so believe. All the best!
I am also in the hole with losses, but I intend to sail through this, because everyone is over-reacting over an informal inquiry that LINE had decided to VOLUNTARILY disclose....they did not have to do that, but they did because they are confident they did nothing wrong. Innocent until proven guilty. Is throwing your life away from all this over-reaction worth it?
Scott, you been a real loud mouth on ARR board but look, NOTHING is that bad to even think about suicide, I guarantee if you hold this stock you will make out very well, I doubled down today. Don't let these drops bother you, it's only a short term drop.
Sentiment: Strong Buy
Its only money. You can replace it with hard work. Besides, Friday might bring different results. Cheer up and enjoy the weekend. Have a cold one or do what it is you do to have fun. Happy 4th