I was thinking that too. LINE's P/E is around 2....2! Look at similar companies and they're like 8-20. If LINE had a P/E of 10 we'd be sitting at over $100 per share! I bought in on August 4th for they divy and plan on hanging out for a while. Like another poster mentioned, the hardest thing I've had to learn is patience. It is so easy for me to jump on something that is moving up or in the news...then it has a down day or is waiting for a specific event...and something else is moving up...so easy to chase but patience is definitely the key, in my experiences too. Last year I was way to impatient but I'm doing much better this year. Onward and upward!
Remnant: Line has a PE of 2 only because of the mark to market accounting rule applicable to hedges. Before prices peaked last summer, Line was losing big dollars on many of the same hedges. You need to look at operating earnings and DCF to evaluate Line, not reported earnings.