There have been enough positive and detailed arguments to the contrary, e.g. Seeking Alpha, Motley Fool, etc., that those who have a bias to the long side feel comfortable getting back in at these depressed prices now that LINE has stabilized. Lack of volatility doesn't make for very good short trades.
I agree. The shorts are running out of steam and time. They did not get the collateral damage this effort had to have.
Deal goes through and distribution goes up. Then goes monthly.
Management has to do better than last quarter. But look at their wealth creation over the life of LINE and it beats almost every other company. It is Mr. Ellis's job to understand he drove to far to fast thereby providing this opportunity for short wealth destroyers to attack. He is a smart American with an excellent record.
This was no short raid. This was just a sell off due to the ER and going ex divie. I don't think you peeps know what a short raid is. If you had owned NFLX e few years ago you would know what a short raid looks like. I went through so many short raids as it was on its way to 315,00 and this doesn't even compare.