I haven't seen anything to justify the intense sell pressure on both LINE and LNCO. Anyway, as a LNCO holder, I'm somewhat consoled that the gap is closing from where it was at $2 to barely $1 currently. GLTA
mm's and or specs knew a lot of bargain hunters bought around this level few days ago. expect few more days or weeks of shaking probably to test the buyers' resolve. they need cheap shares for the next run up leading to next month's payday.
Holding line for me has been like being on a roller coaster. For a stable 9+% divvy producer this stock is getting kicked around fairly badly. Only suggestion I can think of is some of the funds who held BRY and got paid in LNCO are taking their profits by selling their LNCO. Lets hope this is not long term.