Amarin Corp Plc (AMRN): JL, quote: "Prior to Jan. 2012 there was...

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FlyFishingStocks

Re: jessellivermore post# 85374

Wednesday, 07/20/2016 9:40:31 AM

Wednesday, July 20, 2016 9:40:31 AM

JL, quote: "Prior to Jan. 2012 there was a very small short position in Amarin. By Jan 2012 the PPS had already dropped from over 19 dollars down into the 7s..
Then in Jan 2012 the company issued "convertible notes" that where convertible into 17 million ADRs...These were interest bearing notes which were in essence interest bearing bonds which were convertible under certain specified conditions into ADRs (commn stock) at an exchange rate..."

While this is partially true, the magnified carnage was impacted by naked shorting (don't misquote me). This activity enables bear raids to flood the tape with an unlimited, unregulated amount of counterfeit short sales. If covered in 3 days, they're hidden from the public eye (yours).

If interested, you can read about the manipulation here:
insert-text-here

Get your facts straight before you accuse of false information