I think there are a lot of people, including many who manage a lot of other people's money, who really have no clue what they are doing. IMO, the only thing to do with LINE/LNCO is to go long and collect the distributions with the expectation that the stock will also appreciate over time. Or, just go elsewhere if tax deferred income is not your thing. However, the near-term potential for a major asset trade or sale that would be an upside catalyst for the stock would take shorting off the table for me. I did short Amazon at $400 and Twitter at $70 though. With those low hanging fruit, why anyone would spend their day shorting this is beyond comprehension to me. But, I get back to their are a lot of people managing a lot of money who have no earthly idea what they are doing.