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CaptBeer, Even I'm shorting AMRN I'm still SO OUTRAGED by AMRN BOD/Management shamelessly and blatantly robbing the company & shareholders.
These SHAMELESS BOD/Management robbers wait until after trading hours (8:14PM) to release more Form 4. https://investor.amarincorp.com/node/22186/html
Here's another today one(1) line news for AMRN from Fidelity
Here's the list of catalysts and FACTUAL (not speculative) reasons why I keep shorting AMRN like there's no tomorrow
1) BUSTED German market (the biggest EU market)
2) Declining REV Q/Q
3) "TALK THE WALK" paper tiger Denner has done nothing after the public threat to call a special meeting since two (2) months ago
4) Miniscule EU REV (almost ZERO) so far after more than one (1) year of "news" about entering EU market since April 2021 https://investor.amarincorp.com/news-releases/news-release-details/amarin-commences-commercial-initiatives-vazkepa-european-union
5) Losing MO battles in the information war
6) Completely floundering and embarrassingly incompetent BOD and Management
7) ........BUSTED FRANCE market NEXT??? (not factual yet)
Why many longs here keep buying and hold is very intriguing to me. GLTA longs!
liamlinden, THANK YOU! It's good and honest assessment from the only shareholder who was at the AGM in person. GLTU!
Today is quite a RED DAY for AMRN. What is the realistic and profitable way forward for many retail AMRN longs? I meant BEYOND the herd mentality & HOPE & DREAM strategy of FOMO buy high, buy low, buy lower, buy lower lower, etc...and HOLD. Sorry to say this BUT there's now a high probability that AMRN will produce NEW 52-week lows (much less than current $1.11). AND FFS' doom and gloom prediction will be fulfilled sooner than later. GLTA longs!!
Here'e the LATEST NEWS ON AMRN with one line from Fidelity
I did give a warning to the high potential SINKING BADLY for AMRN SP. BUT all the herd mentality thinking here just completely ignores it https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169718613
GLTA longs, you NEED IT BAD beyond Denner's basket.
FFS, Here comes ....................the 10%+ haircut that I expect as it almost always happens with AMRN SP. This time I'll keep shorting till SP SINK back into $1.10 range. You can see this post https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169650161 to your answer why I actually made $$$ on the 65K short shares. GLTU!
FFS, Oh well I told you my luck is almost always GOOD when it comes to AMRN. I'm the only SHORT bag holding guy here I guess. Have a pleasant weekend and GLTA longs +short!=)
ralphey, I'm 100% in agreement with you on the intrinsic value. BUT as a 2-week-maximum "investor" I'm not taking that into consideration. with the BUSTED German market, declining REV Q/Q, "TALK THE WALK" paper tiger Denner, market overall sentiments, very LIMITED (almost ZERO for now) EU market REV, MO battle, etc...my instinct keeps telling me "SHORT IT WHENEVER SP goes up" and that's exactly what I'm going to do. hehehe. GLTA longs + shorts!
FFS, Did you exit your AMRN long position? I'm thinking about continuing selling short. My AMRN instinct has not failed me about shorting it so far. hehehe. GLTU:=)
KnowNothingJonSnow.........................As I said your name says it all. AND YOU NO FUN hehehe!
FULL DISCLOSURE I closed my short position this morning and went 50K long shares averaging $1.60. What do you all think? ....hehehe Just Kidding. I'm LUCKY, BUT I'm not THAT LUCKY. I just closed my short for reasonable profit. SP movement has been quite impressive so far today. I'm waiting to decide if I'll go SHORT again or LONG. One thing for sure it's I do not have to concern about Denner's action effect for at least for now until some news in the future (can be any time).GLTA longs & shorts:=)
Downtownguy, That's why you are staying ...........................DOWNTOWN and I'm kind of the UPTOWN guy hehehe! GLTU!=)
KnowNothingJonSnow,......................................... I'm GLAD now that we are on the same hehehe..... page!
TastyTheElf I understand your frustration BUT, SORRY! I just DON'T show that kind of detailed financial info on a FREAKING PENNY STOCK MESSAGE BOARD hehehe!=) GLTU!
KnowNothingJonSnow, I like your name it says it all. This is my SECOND 100K shorts. I closed the previous 100K shorts (that you remember) on 8/8 with small 5% profit.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169622080
zmanindc, Here's the Q2 Tute Buyer List and.............Sarissa IS NOT on the list. https://fintel.io/sob/us/amrn LOL! GLTU!
Good morning AMRN, FYI Here's the latest Tute Seller List for Q2 and............Sarissa made the list for reducing its holding 0.01% (2000 shares) hehehe. https://fintel.io/sos/us/amrn GLTA longs & shorts!=)
JRoon71, I meant the NASDAQ link, not the Sarissa link. It's interesting Sarissa sold 2000 shares. Is it testing to see how QUICKLY it can dump the shares? Just Kidding! hehehe. So 2morrow will be interesting to see if AMRN can sustain the bullish momentum. One rarely sees AMRN maintains 5 GREEN DAYs in a row. We'll see. GLTU!=)
Sleven, It was your good effort but I believe that was for Q1. I always use this link
https://fintel.io/so/us/amrn You can see a long list of 13D/G/F forms just filed today for Q2. Enjoy!=)
FFS, you can tell everyone that you are now pumping AMRN because you bought some or a LOTs of shares last week. That's human nature and no one can fault you for it. GLTU!hehehe:=)
Congratulations!! Another BULL DAY for longs. AMRN now has seven (7) consecutive trading days with HIGHER Intraday lows. That's very bullish in my book. I closed 1/3 of my short shares today to make sure I got some profit. The single biggest tutes Denner did not report his holding YET. That's what I'm waiting to see. SP can go up in a hurry if he shows he actually bought some more shares. SP can also SINK BADLY if he showed he has been selling shares. That's why I'm holding 65K short shares now and "gamble" on it before I may turn LONG. I think they have until 2morrow to file. We'll see. GLTA longs & shorts.;=)
ramfan60, I just could not resist 10%+ that's why I just shorted another 50K shares to bring my average up to $1.6782. I'm now the 100K short shares big bag holder. We'll see. GLTU!
ralphey, I'm glad you're posting some different thinking in this AMRN VERY VERY LONG message board (CULT?). I've been making GOOD $$ shorting AMRN compared to buying it long. I know SP is in the low range and very RISKY to short. BUT I was lucky & actually made some $$ shorting it at $1.40 betting SP would go below $1.30 after the Q2 ER. It was the 1st time ever I shorted AM<RN below $1.68. As I told captbeer, I would short it again today if SP gets 8%+. I just did it I shorted 50K shares average $1.6685. We'll see. GLTA longs + shorts (like me)!=)
CaptBeer, Do you notice that AMRN has been having intraday HIGHER highs & HIGHER lows for 4 consecutive days since last Friday? That's a good BULLISH SIGN. So shorting AMRN now can be a highly probable game to lose. BUT as I told you over ST, I'll play and consider shorting it if I see 8%+ (not 10%+) UP Tick tomorrow. We'll see. GLTA longs + shorts!=)
BioInvestor3, FYI I got my alert/trigger from Fidelity that AMRN went above $1.30 at 2:28PM. I decided to close my short for 5% profit. I'm waiting to short AMRN again if it'll get another 10%+ tomorrow.
tke458, I agree with your assessment. Intraday low is $1.23. That's a bad sign. BUT there is a lot more buying b4 EOD and SP is actually closing GREEN and that's a very GOOD SIGN. Anyway, I decided to hold my 100K short shares over the weekend. I anticipate SP may sink into the $1.10 range next week. We'll see.
OT Amgen just paid 115% Premium for ChemoCentryx (CCXI). There's STILL HOPE for AMRN or NOT?
https://www.marketwatch.com/articles/amgen-acquires-drugmaker-chemocentryx-51659617561?siteid=nf-rss
FFS: I do not post for any compliments BUT I do appreciate yours!=)
Invest83838: I do not want or need any kudos but I do appreciate your man-up attitude and kudos. hehehe! I would like to make it clear that my posts mean to share with all AMRN investors there's proven and realistic way/strategy to make good $$$ with AMRN even when the SP keeps SINKING. Sorry if that rubs many of you the wrong way. BUT that is obviously YOUR PROBLEM, not mine.
Invest83838, You're SO RIGHT!! BUT I have much less profit goal than you stated, only $.05 - $.25/share (not $.10 - $.50/share) every time I swing trade AMRN in either long or short trades. GLTU!
north40000, I'm happy for you that you have winning stocks like GILD + LABU in your portfolio. I never trust any CEO who is in cahoots with BOD to rob many $MIL/Q from shareholders and refuse to provide any sales guidance for several years using the same old excuses of covid and GV competition. Sorry! I have no idea what CPRX business model is. GLTU!
north40000, very good analogy and I like it, hehehe. BUT AMRN is neither GILD nor LABU. And you actually believe one of the shareholder robbers, KM. I don't know what to say except GLTU! We'll definitely see by EOD.
Sorry longs!! $1.29 support was just CRUSHED. If this movement continues one may see 10% hair cut today. It's just the NORMAL AMRN returns as I expect. GLTA longs & shorts.