Geetings JL
I hear you, but at the end of the day, what makes a market is what each and everyone of us thinks, then does. Yes, I've read about what you are saying about folks waiting to "break even" thus they are the overhang that you're speaking of (as well as BB). I just think that way to many years have past for you to be right, I think we're seeing market manipulation done by professionals.
I bought in two lots prior to ANCHOR SPA, I had visions of some fast easy money, my wife is a NICU doc, I read and knew next to nothing about Trigs at the time; but hell, lowering any number with "fish oil" where's the down side? My buys were 7.33 and 7.something. My wife works 24 hour shifts, she was home when we listened to Fienstein (sp) interpret the FDA hearing for us. I was pissed that I didn't make any easy money, it was a fun morning all the same, she had fun claiming "I told you so". She had, she told me that the FDA had changed how they are now approving drugs, where they are now more geared for seeing statistical significant. She was involved in surfacten where they just stopped giving the placebo, which pretty much stopped the trial, she claimed that the FDA now wants proof, maybe not that solid, but proof.
Anyway, when AMRN dropped to 3 bucks, I double up, bringing my ownership to a whooping 1,200 shares. When, AMRN didn't stop dropping at 3, I kept buying and buying. I now own a bunch and know a bit more about not only Tgs, but also EPA. You could say, in no small part thanks to you.
Plus, I think DES is a super huge market, the fact that only 150,000 folks are on V is astonishing, so my point, I think more people are like me, they are holding there underwater shares along with many more new ones, so we can disagree that you think a lot of individuals held on for years and years only to be made whole.
I'm sticking to this being market manipulation. Furthermore, I believe that prior to a positive 8-K being released, the company informs the market makers so that could be this penny ante buying and selling going on.
I will agree with you that we now will have a new resistance points. I also think we're going higher before the fat lady signs it's 4:00PM.
