Amarin Corp Plc (AMRN)

[FlyFishingStocks]

Wreck -

Fly...are you implying Amarin wouldn't have tanked with the market had it not been for the capital raise? Lol.

Of course I am. Confidence and perception man. That's what moves stocks. When you dilute just as your stock is breaking through overhead ice - poised to reverse the primary trend - it does not portray confidence. To do it on the day the crash began is plain stupid and careless, much like throwing gas on a fire. LOL! Certainly they were aware of a forthcoming market sell off.
Had they not have done so, AMRN would have held support similar to INVA, ARRY, IMGN and NKTR.


Moreover, had they have decided to announce news on the ME or China or something POSITIVE instead, who knows AMRN may be above the ice with solid support below the PPS.
Smart money hit the exit the day they announced the capital raise.