Bairdbrain Ideas

IMO No reason to have a 2 hour presentation with bad news ! That being said what worries me is the week in-between maybe a chance for the PPS to settle down after a negative reaction from the market on the quarterly numbers ? We were at ,57 for a while so going back to that number would not be end of the world

Michael

Looks like we are back to normal down .25 on 25,000 shares traded !!

Michael

Birdbrain Ideas

Not sure what they will talk about but they have slated 2 hours for the call so it must be something important IMO Also a week after the quarterly so again IMO the quarterly may be bad so they are giving the market time to cool off before the call.

Michael

jbainski

If you convert at 9 when the PPS is 19 you get the shares then you have to sell them on the open market right ? So my question is why keep the PPS lower when even at 7% interest a 19 PPS gives you 100% plus right now instead of only 7% per year TIA

Michael

jbainseky

So say the PPS goes to 19 and the convertible holder cashes in just say 10 million shares for a seamley profit of 100 million. Doesn't he need to sell those 10 million shares to make his profit ? IMO Selling that many shares would certainly bring the PPS down fast . But at the same time keeping so much pressure on the stock cannot be a good thing for the holder either. lastly if he really is the short seller how is he making any money considering covering would certainly use up any conversion shares ?
Michael

Jroon71

A male at 5"8 would need to weigh less then 170 to not qualify IMO a lot of people will qualify
191 to 245 is the average weight for that example in the USA at 50 years old

Michael

ProLiberty

Must be out 500,000 shares up .045

Michael

djohn

Why not sell shelf shares to a banker at a 10% PPS discount at 12,50 / 11.25 to pay off the loan now that there are not in a rush to make a decision ?

Michael

4ourRetierment

Sorry to say not today !

Michael

Down to 11.96 stops being taken out ? so down .47 cents on Approx 60,000 shares were yesterday it took 1.2 million to sustain a $1 advance crazy !!

Update 8,000 more shares brings the PPS down .58 cents so far today !! that's down .58 on 69,000 shares traded . Well over 1/2 of our gain from yesterday on 1.2 million shares traded ! and continuing now down .60

Michael

cheynew

Yep they are at it again 110.000 shares traded flat 26,000 shares additional and they pushed it down .39 I do not not know how they make money doing that

Michael

djohn

IMO It is hard to make money when typically 20-50 thousand shares at the beginning of the day dictates the price . So if you short 50,000 to get the PPS lower it mostly stays at that price . Same for up days IMO not enough volume in-between to make money all IMO Also there are more traders then just the note holder which IMO you seem to bring up as the reason for the above. You should state that your post is your opinion instead of portraying them as fact


Michael

Westjetter

It was Djohn that started the Debt holders doing all the shorting speculation but IMO they do not account for ALL the down pressure as he seems to think
IMO

Preciouslife

I get that when the big one hits everything on wall street will crash ! My point was if it was in orange county that may have been an issue for us short term

Michael

preciouslife

Just to say the two counties are 104 miles apart

Michael

westjetter ???
Yes you did or Did someone else write it using your name ?? Last sentence

So yes it was a setback and now is somewhat of a millstone, but it is one they can shed and shareholders can still profit greatly if Avid fully gets their sh-- together. The share price seems to be responding nicely and coming back to their highs of several weeks ago, so I guess we all hang in there and see if the new price in the $11's will hold or if the convertible holders will again short this down and play the volatility game??



Michael

IMO
Since Sept 9 Monday was a down day any holders that sold or bought on margin have until close today to cover IMO

Michael

westjetter

Is this statement your opinion or fact ? Not every share traded is by the debt holders !

if the convertible holders will again short this down and play the volatility game??

Michael

Threes

Yep I do complain when we drop on low volume so its GREAT when the shoe is on the other foot ! I do agree with the low volume lets move this thing

Michael

west

Yep 10.60 on Friday to 8.90 today what in the world is going on !!!!

Michael

IMO Way better for the call to be on Monday compared to a Thursday after the close

Michael

11.50 on Thursday to 10.32 currently 3 trading days with one a huge up day for the market and we are down over a dollar All on small volume days !! Anyone want to speculate on what the problem ??

Michael

FlyFishingStocks

Have you been stopped out yet from your Friday purchase TIA

Michael

Another WTF moment 10 shares took the PPS down from $10.47 to 9.91 How do they do that and why ? Otherwise Aprox 55,000 shares traded at 10.47 after hours

Michael

FlyFishingStocks

I am just saying that 90 plus percent are not selling or running for the exits Just an observation .

Michael

FlyFishingStocks

looks like 10/12 million shares traded last 2 days that is less than 5% of outstanding shares so its not like we had two 20 million shares days !

Michael

FlyFishingStocks

So you are now saying that Amarin is going bankrupt ! What is the time frame TIA

Michael

FlyFishingStocks

Still think the buy back is in progress ? Total volume today less then 400,000 shares traded TIA

Michael

JRoon

If the buy back is in play we are in trouble if we cannot break .80 cents !!!!!

Michael

Number sleven

It seems just the mention of a lawsuit against us brings lawyers looking for a class action suit against Amarin. I could not find one against hikma for their upcoming infringement case

Michael

Number sleven

Question Were are all the lawsuits against hikma from their shareholders for fraud based on a billion dollars sales which could have never happened with CVD indication ? TIA

Michael

FlyFishingStocks

On June 16 you said the BB program had not started What changed your mind ? TIA Also I thought they would have to PF within 10 days of commencement

Re: hayward post# 425657

Tuesday, June 18, 2024 10:27:45 AM

Post#
425716
of 426643
Michael,
no?

rsulevine

Hopefully none. If they did and we are still at .70 cents our investment is in big trouble

Michael

Why isn't everyone more happy up a buck !!!!

Michael

westjetter

If they did not do it when we were at $4 or fu## up the loan why would they do it now ! down .47 not looking good Also remember they knew at the last call what the next quarters numbers were going to be because the call was so delayed !!!!

Michael

Did we make it into the Russell ?

Michael

marjac

Did not look that way since we sued Health Net and won or came to a settlement our PPS has only gone down

Michael

JRoon71

IMO This may be just the start . If we prevail It may cause a trickle down effect regarding how insurance companies and pharmacy managers look at selling GV for CVD indication in an effort to save money.

Michael

Looking at the PPS you would think we lost !

Michael

ijbainesky

I agree but what I fail to comprehend is how can we have 110 percent plus (supposedly) institutional ownership but have the PPS pushes so far in any direction daily ?

Michael