InvestorsHub Logo
Followers 3
Posts 1013
Boards Moderated 0
Alias Born 03/23/2013

Re: Whalatane post# 135280

Saturday, 07/28/2018 10:29:41 PM

Saturday, July 28, 2018 10:29:41 PM

Post# of 426583
Kiwi,
The run-up started in January and the company killed momentum by doing the secondary. That unnecessary dilution on top of insiders selling spooked both current and potential investors.
You don't need to be a TA expect to notice that the stock broke all key supports and trades at 52w low. But does it prove that RI is doomed? I don't think so. IMO fear created a unique opportunity to buy AMRN at multi-year low ahead of RI results.
Obviously nothing is garanteed. But IMO risk/reward is very favorable here.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News