Fear that the BRY deal won't go through.Barron's.Hedge fund short positions.Negative momentum.Herd mentality.Technical search for next level of support-new 52 week low.Bad Q1.Need to fast-forward mentally about 3 months and figure 35
You are right..this is unreal. It's is down almost every single trading day. I have no idea why it is getting pummeled, other than there is more float of LINE to short than LNCO? BRY isn't affected eitehr, so I don't see there being any issue with the deal. Just painful to watch.