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As others I'm surprised here JL.
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You fought/fight like a lion for 'not to settle' - and now you bail the ship. I understand your arguments - but I'm surprised - to the extend that having to make 'rethink my own position'.
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I have to ask you a direct question - and if you dont want to give that away I fully understand - but I have to ask ?
About my ovn investment - i this moment sit on 9000 shares in AMRN - (part in free investment - part in pensions/401) All in all AMRN is at the current value 16% of my value af total assets (401/house/cars).
If i sold today I could live well into my nineties - I'm 68 today. And I could be well of - even afford to join a golf club if I new how to swing :)
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So the simple question - how big a % of your assets in current value of AMRN is your holding ?
All the best
Jasbg
Institutional-holdings- rising to + 55%
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As many have pointed out - this is a game of 'Patiens' - and Tutes thinks in Decades - not Years.
And every day - retailers 'give up' right now - with the stock falling back.
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Message: The Big Boys Believes in Vascepa - 'More' All the Time :)
https://www.nasdaq.com/market-activity/stocks/amrn/institutional-holdings
(newest numbers in Tutes % is actually betwen 56- and 57%)
Possible manipulation of the AMRN stock.
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A few weeks ago I made an input here linking to the moral rules of SEC - regarding possible manipulation of AMRN stock.
A couple of replies signaled that SEC is just another 'to well paid' state bureau that - 'do nothing'.
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That might not be 'the whole truth' about the SEC. I just found a rather recent case (Oct. 19 2019) - where SEC actually rolls out a case on manipulation solved' that involved $31 million.
So the question here - has anyone even asked SEC to have a look on how AMRN is traded in the market (ref. to day after FDA approval 16. Dec 2019 - 6 times normal daily volume - and price 'falls') ?
https://www.sec.gov/news/press-release/2019-216
No one tell's a story like You JL :)
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You powerful history lesson really made Your Point. And of course your right the way you present the historical case
Some would say that Comanches had a somewhat 'Bolton Like' approach to solving conflicts - and that negotiations 'some times can solve' problems.
But Absolutely your 'Point is taken' - and I were entertained All the Way.
All the best !
Jasbg
Bill Gates paranoia - against Netscape in the 1990s.
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I have observed that there is quite a number of Grown Up's on this board - and for them it might be a bit fun - not to think of AMRN for a while - reading the story that i think many have heard of.
Bill Gates was not always 'the 'soft' saving the world figure' he is today. In those days in the 1990s he was still the paranoia CEO of Microsoft that saw danger/enemies before anyone else.
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What is the relevance of this story now - in AMRN forum on iHub ?
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Vascepa - AMRN - is to part of Big Pharma today - what Netscape were to Microsoft and Bill Gates back then in the 1990s.
Anyway for those that remember parts of the history it is interesting reading - were for me for sure.
Have a nice weekend - and dont think to much about AMRN - we will Get There - eventually :)
https://thehistoryoftheweb.com/browser-wars/
jasbg
+60 mill. stocks - and the SP 'falls' ?
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Day after FDA approval december 16. 2019 - was where I lost my 'childhood belief' in the stock market.
So - Yes - I'm sad to admit that a lot of fact's indicate that you are right' - that is is' Big Pharma that right now (via cynical manipulation) 100% control SP of Amarin - AMRN.
Input borrowed from Yahoo:
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Dano4 hours ago
Scripts compliments of Tucaman
Scripts for week ending 01/31/2020
Below the updated script numbers. I included scripts for Lovaza (incl. Generic, though not sure I captured all suppliers) - for reference. I'll leave it to RAF and Sam to comment on plausibility of the figures.
Vascepa
TRx: 78'161 (+2.30%)
NRx: 38'140 (+0.77%)
Generic Lovaza
TRx: 58'667 (+2.18%)
NRx: 29'917 (+2.28%)
You tried before - just provoking - and that fine' - your right to your opinion!
I was just talking/meaning 'general' stock market - that there is always/every day - some stock's somewhere that - that with 'News' - like FDA approval of some sort of succes full Trial result - that is rising fast.
And especially for young people - it can be hard to se 'the stock you hold' falling back day after day - while others go through the roof !
Almost every day Finwiz has on of these runners' - like today at the top right now this moment MYO up 276%.
https://finviz.com/
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dmiller - you are not obliged to comment every input I make - just looking for something to criticize. Just dont read my posts !
And a big Congrats to USA for the two beautiful Latino Birds (+40) in the Super Bowl Break.
What a Show' - still miles ahead in this modern world !
And i saw 'Mee Too' brougt up as a reaction.
Can only say - 'Get a Life' - to people that dont see the beauty in those two ladies and the fantastic show they were a part of.
Where we are right now with AMRN is probarbly the hardest place at all to remain calm - with the ever changing big news of the day.
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Every day you se other Bio Stock 'being approved by FDA and rising big' - or you see other Stocks rise from positive news.
AMRN is falling back slowly as so many times before' - what is the argument that this pattern will not continue through 2020 - 2021 ?
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As of right now there is 'no argument' - other than If you believe in the trials of Vascepa - this drug can be the 'Savior' - og hundred of millions of 'right now 'Unhealthy' People in this world.
And if 'Vascepa Is' - what we (many of us Big Investors) trust it to be - both the hundred of millions of Future Users - and Us' the Investors - will be happy during early years of 2020's :)
jasbg
A bit of interesting weekend reading:
On Yahoo forum - Baker Brothers are mentioned very often - as being 'The Gurus' of Bio Tech investment.
Who are these brothers - why are they so admired ?
Found an article that i think also might be worth reading for someone on this board - and let me put it like this - I would have liked being 'a third brother' - these guys are brilliant :)
https://www.fa-mag.com/news/baker-brothers-make--1-4-billion-in-two-weeks-on-biotech-52525.html
All Stocks held by Baker Brothers:
https://www.holdingschannel.com/all/stocks-held-by-baker-bros-advisors-lp/
I hate Gambling – always have. And I mean Gambling under ‘Any Form’ – which is why I hate the Option game – that has infected the stock market.
What did Gambling ever do to help anyone – what did it accomplish other than make ‘the sellers’ filthy rich?
What did/do Gambling ‘produce’ other than misery - even for the few winners ‘most often’?
How did Gambling ever benefit society – why isn’t it prohibited/stopped in a civilized world?
I will go to the extend of proclaiming that alcoholism is actually easier to accept for me. There you at least are likely to ‘have a good time’ before your kill yourself.
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Well – this as an intro to ‘knowledge’ about ‘Gamling in Stocks /‘Options’. Where did it come from (history) and why does it have such a big impact on ‘as an example’ AMRN stock as of right now.
Options – Calls / Puts – is (whether I like or not) a part’ - (seemingly a big part) - of reality in the stock market – and I therefore tried to find information explaining where is actually came from historically, to at least try to understand what it is about.
I know big part - of the bright minds here on iHub - know all there is to know about these things – but there might be some ‘that does not know the world of the stock market that well’ – like me’ – so to them’ I have put a useful link that explains ‘history of Options’. And there is a lot of other basic leaning information’s about have Options works in ‘real world’ stock market.
https://www.optionsplaybook.com/options-introduction/stock-option-history/
CM@ You remember WP
No one told me this was 'a one subject' forum - as you suggest !
This is a rather recent fine article on Vascepa.
It might be introduced here already - but then no harm done:
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https://www.medscape.com/viewarticle/922865
jesslm@
I did understand that 'you were shooting at the Cardio Doc's article'!
Made me feel a bit guilty bringing it to iHub :)
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The good news is that I now know 'a lot of history of Amarin and Vascepa' - and understand - where you are 'coming from' in the debates here.
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Once again thanks for your deep and colour-full inputs :)
Jasbg
jesslm@
As I underline all the time I'm an lay person - who knows absolutely nothing about the Bio world - other than what i read from inputs like yours.
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I only copied the 'Heart Doc MD' input from Yahoo forum to here - as a subject for debat - as there were a number of things in there - that was interesting (new at least to me)
And 'Heart Doc MD' - article was noticed.
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And it fired you up - i see - to make a super input that (being rather new here) tells me why you have a large number of followers.
And reading your input (being old with a lot of experience in business other than Bio) i feel the weight when you talk - and listens !
Can only say - Respect from Here - I for one believe what you say and forecast for Amarin and Vascepa.
All the best
jasbg
The fallback of AMRN stock yesterday might very well be a result of - a number of Bio Investors running for the Corona related stocks.
https://finance.yahoo.com/news/13-coronavirus-related-stocks-watch-150037622.html
This guy is still at it at tipranks. You would have thought he had deleted the rankings of AMRN and ACST !
49% "Succes Rate"
https://www.tipranks.com/analysts/leland-gershell
Whala@
This post - logical to close gap' to the earlier post on AMRN subject from user 'Heart Doc MD' on Yahoo. .
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And Yes this guy is sharp' - and seems to be a capacity in MD.
But is he right in his 'Hard Core'- no other way than BO analyses ?
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Have to admit that I have (as I think many) reached a point this kind of talk 'catched on with me' - but is it 'the whole and only truth' ?
Only future can tell what actually will happen with Amarin and Vascepa - going forward.
From Yahoo here an exiting input from an insider in MD:
(if brought here already no harm done)
Especially the last part of article that talks about the 'problem of being compared to 'Over the counter Fish Oils' - has to be taken serious.
Marketing experts needs to 'find the right approach to handle that problem 'head on'.
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The article from Yahoo - with thanks to 'Heart Doc'
Heart Doc MD15 hours ago
Continued from previous post:
Those who address the "shorts" or are waiting for a short squeeze...forget about it. You are wasting your time. You saw only about 5 million short shares cover after the FDA approval. Those are the retail shorts. No retail short who knew anything about AMRN or Vascepa would stay short at that point. The risk has been removed from this company. Lawsuit is a formality. From what I heard, they had multiple opportunities to settle but, need to have a legal decision in the record to prevent endless additional lawsuits going forward. A settlement would have been good for short term share price but detrimental long term. It's a formality. Wall Street and AMRN expect a favorable ruling. The 45 million short shares left are hedges, spreads, etc. AMRN is under pure control. The share price can not go above $25 for this reason. It will stay between 18-24.90 until one morning you wake up and it is bought out for a huge premium. So just forget about commenting on the shorts. The ones you are addressing hold a meaningless number of shares. As one of the reps said to me..."if the price can be controlled on days when 60 million and 30 million shares are traded, then it can be controlled or manipulated any day."
It is difficulty, but sit back and check on the price once a week (Mondays). If you have funds available, buy when it is oversold and hold until buyout. Any other strategy will drive you insane or penniless.
Just saw most recent SV post. Please stay away from any of the medical aspect of Vascepa. Your analysis are silly, in lay terms, and not accurate. "Blood stream, clean out, detoxify, and so many more ideas are so far off from what is going on. If you really want to get a better idea, go find on you tube Dr. Deebak Bhatt's Grand Rounds in Texas from October. I don't want to get into it but atherosclerosis is an inflammatory process. It happens in the vessel wall leading to plaque deposition. There are many intricacies of plaque including even plaque rupture or MI. It is not one pathway or mechanism. "The blood stream" has little to nothing to do with things. The plaque in Alzheimer's is a protein plaque, not a lipid plaque. The mechanism of preventing this plaque deposition is completely different. The potential effects on fattly liver (NASH) are a different mechanism from both of these. There are dozens of potential pathways that Vascepa may be or is likely working. Your medical comments just harm your thoughtful posts. Stay away from them until you have an MD after your name. Stick to your due diligence. You dig up many interesting things. Keep your imagination at bay...please.
Ok, I think that is enough to offer some perspective. Bash if you want. I really don't care. Vascepa is a breakthrough medication and is changing the paradigm.
Oh one last thing I didn't bring up in the earlier post about how they can't ramp up as fast as some on this board predict. Most doctors don't know about it or if they do, they don't believe in it because they are not familiar with the data. Out of the 100+ cardiologist at my institution, a handful prescribe it regularly. I cathed a young patient last week. Had 3 vessel CAD. Had DMII. Saw his endocrinologist the week before. Had TG 222. HTN. Had PAD. ....and was not on Vascepa. I called his clinical cardiologist and stated I was starting him on Vascepa. His response to me was a laugh...and then said "fish-oil, you're drinking the cool-aid." This is the easiest med I have ever prescribed to pt's. Even their family members in the room want it. This is the hardest med to convince other doctors to start prescribing. Overcoming the decade of mixed data on fish oil is a major barrier. It is difficult for me to convince my colleagues....it is even harder for new reps to convince them. This is real. I could really send one more post regarding all the insurance issues that are going on right now but, need to get to bed. Maybe next weekend.
jesslm@
HDG@
LemW@
I agree with you take on shorting a stock - that is part of the game has always been.
The problem is 'that Betting has infected' the stock marked to an extend - that it at some points (like say 17 januar 2020 - with millions in value of Calls and Puts expiring) - looks more like Bet365 or Betfair - or one of the other endless betting sites.
It is actually a joke (very sad) that a serious company, with hard working men and women - is forced to 'play into this mad game' - to raise money for research and development of a product.
There ought to be 'a clean alternativ' for raising capital in the market for companies like Amarin.
sstyles:
If your right - it's all about Otion's - again'!
Why the endless number of 'Bettings offers' have been aloud into the Stock Market is devastating to the trust in Market Credibility.
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Easy to see why the Big Money Tanks - want in - on this market. But is should have been stopped long ago in the Stock Market.
'Money Betting' - is the most profitable Business in the World:
dmiller@
Pointing at 'dirty business' - you call whining (trying to provoke)!
We better stop it here !
dmiller@
I get your point - but I dont agree at all.
It's not right that a small company can be forced to 'sell' be course of manipulation. Maybe impossible to change (your point) - but at least to me its important to 'try to understand' whats going on.
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How much do you think - the 80% of debate around the patent trial in this forum changes the outcome ? You could use exactly the same argument (vaste of time) about that !
In83@
You are probarbly right. If it's anything like where I come from - everything the states touches end up being corrupt - at some point !
Imo what is is happening to AMRN right now is a very cynical manipulation to a stock in the 'so called' free US stock market.
No expert in this - but i would consider hiring an expert in stock manipulation in the market - to find out who is behind this.
Or maybe easier - just ask (maybe slam him a bit first) Leland Gershell :)
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THE ROLE OF THE SEC
Mission
The U. S. Securities and Exchange Commission (SEC) has a three-part mission:
Protect investors
Maintain fair, orderly, and efficient markets
Facilitate capital formation:
https://www.investor.gov/introduction-investing/basics/role-sec
The Real Power of Manipulation of AMRN SP was demonstrated day after approval 16 december 2019.
Volume 60 million stocks and the price falls.
In Pre-market that day - the SP vent to + 26$ what would have been a natural reaction to the fantastic FDA approval.
Rest of that day illustrated that we probably are witnessing what is called 'plans for a Hostal Takeover'.
Big Pharma - simply wont allow Amarin and Vascepa - to get the economical power that the product actually deserves.
And it has newer been illustrated more openly to everybody - than day after FDA approval. There quite clearly was plan prepared - to use what ever power necessary to keep the Stock Price down and Locked.
And the logic conclusion of the run on 16 december 2019 - with volume 60 million: If 'They' could control the SP 100% that day - (BP - HF -Tute's - Whom ever is behind the Ever manipulating af this stock) - it must be - 'a peace of cake' for them to do it - every other 'normal day' - in the market.
Markip@
Honestly I am new to the game of succes-full Bio-stocks, so this 'completely locking a SP down' - is new to me' - newer seen it before.
And with the fantastic news since autumn 2019 it does seem 'to much' that it is even possible for opposition 'to kill a stock' like that.
I have been in hundred of other stock's over the years - and actually some Bio's (that usually fell like rock's) - but the AMRN - with only Mega Great news - being completely 'Locked - that shouldn't be allowed/possible.
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And I have actually seen/read som of your inputs regarding BO - and noticed what you said.
As I said, - this situation is a first for me - so in the sense of judging if BO is - as you say is the only option to 'get past' the Parasit (shorter's - Option gamer's) - is a Buy Out ?
I will surly be watching and learning. :)
tmac20@
Just have one of those days where this game feels even more frustrating than usual - so tried to 'speak the truth' as I think most serious Amarin investors feel.
"For Gods Sake - stop this nonsens' - and lets get back to Reality" - and yes I know it's Naive' Just had to Say It - 'The Truth sometimes Matters'.
But Ok - the Benjamins Matter More' in this game It Seems !
A lot of people hope for/believe that a BO is the only way 'to stop the Shorter/Options manipulation (Whom ever is behind it) - hope that is not so.
AMRN has to be the most manipulated stock in the market ’ever’. Even there has been an endless line of Good News for Amarin and Vascepa – since autumn 2019.
For weeks/months ‘the money greedy Shorters has managed to completely ‘lock’ the SP of AMRN. How many retail potential Longs’ – have given up be course of this cynical game ?
It has to stop. The big Tute investors has ‘to Stop the Manipulation’ in their own interest – the sooner the better for everybody positively investing in Amarin and Vascepa.
shar@
This guy is an absolut Joke as an analyst - has to be paid by Forces wanting to keep AMRN low. And he is 'paid well'. He's salery is 800.000$ a year (from input on Yahoo)
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Look at ACST - and AMRN in the top - says it all:
https://www.tipranks.com/analysts/leland-gershell
JL - HDG contraverse regarding Patent Articles @
Two of the most prominente writers here - somebody better clear this up fast - to restore order :)
raff@
Again a translation thing 'Siting on' means 'your ovn' i read your answer.
Have to say I'm Impressed. You have to be very convinced of succes.
And I do agree. It's also my biggest personal investment in a single stock - around 1/20 - and that's big for me :)
KI@
I take it 'that it is your investor-customers' - when talking 200k shares.
How many of the shares did you invest in yourself - just being curios (you dont have to answer) :)
If you have 200k that's your own - i will call that Confidence in a stock for Real.
stone@
And We could not hold SP until eod - but it still ended not to bad above 21$.
We are at a point where the near future (next 14 days) is hard to predict.
Truth is that at New Years - still 44 milion shares shorted - number hardly fell from month before. And many has argued that it is BMT (Big Money Tanks) that needs to hold SP down protecting shorts.
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But we did see a new development today - where relative high volume did seem to actually make the SP go up the first hours of trading, and it seemed 'harder to pull it back' than many earlier days.
Baker Brothers is often mentioned as a Quality Stamp on the stock. But they have also been called out as a big Option seller - and therefore one of 'the manipulators' - pulling the stock back to 'so called Max Pain' SP.
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I shall not pretend to have any 'real knowledge' about these things other than to refer to inputs i have read from others.
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Reason to mention Baker Brothers - in conjunction to parent SP is that, being the biggest investor in AMRN by far - at some point they will want to see the SP start rising 'for real' - and should that point happen to be 'starting today' - the SP could continue going UP rather steady !
Underline this is all spekulation - build on SP being effectively 'Locked' for months.