Of when the pps was at $44 and headed only higher. Then the SEC stepped in with their investigation and the management of LINE and LNCO had to revise past accounting reports, due to fraudulent inaccuracies. These revisions caused a drop in the pps and caused LINE/LNCO to pay out much more than initially anticipated for Berry. And the pps fell even further.
Now, shareholders are hanging on to past dreams while everyone questions whether this company can continue it's dividend payouts or whether they can continue to grow in the future.
So many 'rah-rah-cis-cum-ba' cheerleaders on this board who wear rose colored glasses. And so many posters who don't want to face reality.
Fraudulent inaccuracies? REALLY? Where are the criminal charges from the SEC? There are none because there was no fraudulent activities. Your just a negative pumper. Don't spread information that you don't know anything about. That's criminal........
Misinterpretation of the facts, rearranged timeline, inaccuracies in statement of fact. Never was SEC investigation, it was an informal inquiry. There were no fraudulent inaccuracies. There was no revision to past accounting reports. On every point you're wrong. Why ? What's your agenda ?
Why are you here then? If this stock is so terrible, then why not invest in something else? In all the years, I have NEVER seen one person on this board or any other board who will actually ADMIT they are a short seller? I've always wondered whey they refuse to admit this?
There was no SEC investigation. There was no revision to past accounting reports (an immaterial correction to a disclosure that was non-gaap and made no difference to DCF, one must note in fairness).