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Re: rafunrafun post# 67343

Monday, 12/21/2015 6:04:09 PM

Monday, December 21, 2015 6:04:09 PM

Post# of 429441
Raf, you should consider yourself lucky my friend. I bought into AMRN in Dec 2010 and Feb 2011 with some serious money at an average price of about $8.40. A few months later in May, I watched the price run to $19.87 and when it started to slip back, I sold half my stake for a double plus+. By October, the price had slipped into the $8.00-9.00 range and I was chomping at the bit to get back in. I committed heavily in January 2012 at around $8.50 but by May the price was popping again and I sold my entire position in the $12.70 area for another 50% profit. Then the stock started rising again and I watched it peak twice in June and again in July at more than $15.00. I shadowed it throughout August because by now I was really hooked. In September 2013, I threw caution to the wind and as the stock was again on a run, I made a huge grab at $14.10, thousands of shares.

You know the rest, by December AMRN announced their "go it alone" strategy to the general disappointment of the market. The stock has pretty much trended down ever since then. I still own those shares at $14.10, all of them. I've taken many opportunities to lower my base cost but that has meant adding even more money....and the stock has continued its fall. I am a true believer but that has been very difficult at times....and expensive! I take Vascepa, hoping to recoup some of the lost years that I've likely suffered at the hands of this investment. (LOL) I hope my patience and perseverance will eventually be rewarded along with all the other Longs on this board.

Happy Holidays and prosperous New Year to all!
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