Thanks for bringing me to my senses, bb. Just put in an order. Under $26, LINE is paying almost 1% per month--where is my calculator. 1% compounded monthly......I like it! And LINE just proved how important they view the dividend and shareholders. Both Goldman and B of A (Merrill) say the dividend is safe.
Plus, I learned from the Street article today that Cramer held onto 1000 shares in the Action Alerts Portfolio. I thought he dumped it all as he usually does when a stock has bad headlines. So he sold just enough to save face.
But his position is still 1.2% of the Action Alerts Portfolio. LINE is one of the stocks Cramer has the most research on and knows the most about. He knows it is coming back just as Cooperman knows. They can't say this outright because of the SEC hangover--but that will end within months.