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Keystone do you follow or own any ARRY? They recently did a secondary as well. I don’t remember how exactly they did it but it closed much higher than anyone thought it would. Any chance a similar event could happen here or are they (AMRN/Cantor) doing it differently?
It’ll be June of this year boys. You won’t see 60 cents again. You should have bought a while ago....you missed the first double. You want to keep whining and miss the next double too?
They’ve already done their review. They released the permit. You are aware of that small fact correct?
So this review is of the comments right? Please don’t think that the public comments are going to make any difference or take any time.
There is already construction going on. This will ramp up quickly in June of 2018. Count on it
I guess we have a diff of opinion. Mine is based on analyzation of facts. Yours is what....pessimism? WAG?
Every single time a biotech does a secondary there are posts like yours. These companies need cash to survive and expand. They aren’t making any money to speak of and have no choice but to do this. This is a positive for the time and place that AMRN is in.
Please save your breath.
ARRY closed theirs above what the stock was trading at when they placed the secondary. It was off to the races afterwards.
There is no reason to think AMRN won’t do the same thing. Only good news in the future. However there is no guarantee.
It does bother me that you would have to be blind to see that people knew in advance about this event and traded on it.
I’ve been in AMRN as long as you have. I’ve never changed my opinion and I’ve never sold a share. I’ve added a great deal and I’m sure I hold more than you do.
AF’s tone was positive. His followers would think so too.
This secondary is a huge positive. Look at what happened when ARRY did theirs. It shot higher after the secondary closed higher than anyone thought it would. Will the same thing happen here? Who knows but we all will know soon. What cannot be disputed is this will end the need for cash debate. Did they need it? Maybe maybe not. I would say yes they did but one could argue they could have made it without. More cash will make it a much stronger company b
So swing trade, day-trade, trade around your core or whatever else it is you do and good luck. I’m long, have been for many years and to me this is a positive.
Of course there was. No one will go to jail or get shot for it. Biz as usual.
Then you would miss the first double in stock appreciation. Public comment is over in March. Permits will be awarded shortly thereafter. Trump has already ordered his folks to streamline these projects. The senate will easily pass the land trade law.
This mine will be under construction in June.
Polymet up in premarket as well
Same one
Exciting! This is a huge clinical trial catalyst for later in the year. $AMRN https://t.co/GPSnFcgTbP
— Adam Feuerstein ✡️ (@adamfeuerstein) January 23, 2018
What his followers do is not that big of a deal long term. What’s important is he got behind AMRN and he doesn’t get paid for being wrong.
Well with 100’s of thousands trading up in the premarket I don’t think the market is concerned with your “Debbie Downer” thoughts
Cantor Fitzgerald just came out with a $10 price target
Sell the news at $4 and change? Seriously?
Well....yeah.....I am
Hopefully you have enough AMRN to live up to your “handle”
I’m with you brother
Short or not he is clueless regarding finances and evidently he can’t understand plain English either.
Mike......the way I read this you are incorrect.
I’ve had issues using eBay in the past and have spoken to them on the phone. It’s not difficult to find these contacts.....if you have an eBay account anyway.
You looking at the right stock market? Volume is way up
I also have been here since the beginning of time. AMRN is my largest holding in terms of shares of stock. I’ve averaged down and my basis is approx $2. I like that it’s moving for no apparent reason on decent volume. Good luck to us. Merry Christmas.
Here's a thought: Margaret Hamburg (http://ahrp.org/former-fda-commissioner-charged-in-federal-racketeering-lawsuit/) was the corrupt head of the FDA. Big biz wanted to buy AMRN. AMRN wouldn't allow themselves to be sold cheap. You will notice in the lawsuit above that her hedge fund husband's income increased 10 fold during the time we got screwed.
They (we) were spanked for our refusal to knuckle under and go quietly (cheaply).
Yeah...it's all water under the bridge but that doesn't make it right.
Canada is a small market. While this isn't huge news it is a positive development. $5M upfront and non refundable indicates that it's a serious deal with potential for upside.
Watch "The Big Short"
That's reality
Well if it's ok for the commissioner of the FDA to be married to a hedge fund goon who's firm is short AMRN while the FDA rules against AMRN......I suppose it should be ok for the employees of the FDA to trade in stocks they are making decisions on.
Sam's numbers as they pertain to overall market. Did anyone look to see if the overall market is growing or are we simply stealing market share?
"My take is that the sharpest institutional investors will come on board "after" the trial ends. If there is a "halt for efficacy" the stock price spike will be sold off from profit takers and short sellers."
But don't you think the lowest price in the scenario above will be significantly higher than $3?
It will be interesting to see how many shares have been gathered up by institutional investors in the last few weeks. Day traders create large daily fluctuations but at the end of the day I think more shares are accumulated and will be held.
There is so much wrong in this article I'm surprised you are sharing it.