It is up to the company to stop the decline by making a statement. Certainly the Board can vote to buy back stock. Also, Linn can live on a lot less money. $7,100,000 a year salary is just plain robbery. How many of us are earning even $143,000 a year. This is Mr. Linn's salary for 1 week. I am long so I am hurting too. You would think that the investment bankers of LINE would be buyers unless they know of something bad. At the least, they can speak up like the short sellers are doing. This stock is going down in light of $100 oil. You wld think the stock would lbe going up. If there is no hanky panky, longs will make a huge amt of money from this level. The stock goes XD on Monday July 10.
If you are smart, you would have sold yesterday or today. It will fall further. Look at the volume of over 20 million in half a day and it fell all day and is trading lower after-hours. This will fall further.