LINE is reversing because they haven't given out any news about anything. We don't realy know how much Hogshooter is contributing. As well an SO is/could be on the way. earnings is coming up so we will find out what exactly is going on. Till then we will probaly see a drop into the 35'sor a tad lower, till we here something from the company. Discussion is open and thank you.
Price pattern looks like shorting to me. If that's the case, I think the shorts will have to cover big time when the earnings report comes out later this month. Regarding the possibility of an SO, I thought they created LNCO for that purpose. That way we would avoid price volitility like this for LINE.