surely going to take a hit but this is simply round 2 of the same old story. It's not exactly a herballife, is it a ponzi or isn't it but there are clearly differing views on the proper accounting for hedged positions. My guess is Barons is wrong again.
I saw line stagnate at 38+- so I stayed away. The press and the algo guys or funds seem to be working hand in hand.
Line is under fire again. Somebody urinated somebody off. Or maybe not. Everything is shark food I guess.
If line is only worth 19, then that makes their distribution competitive with the highest paying Reits.
It could be they see a sideways market until next earnings season so they have to create some action.
Good thing you and I both sold last week, I sold my LINE35s on Thursday for about a 50% gain. I didn't play it as well as I should have as I had 39 dollars(80% gain) twice and let it get away. No remorse, happy its a winner,just learn and move on to next trade. We are going to have our hands full for a little while figuring out how this can be played as a monthly divy player. Good luck Bow