Home > Boards > US Listed > Biotechs > Amarin Corp. PLC ADS (AMRN)

This chart clearly shows when the party began

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The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Amarin Corp. plc & En... Business Wire - 2/27/2019 2:25:00 PM
Annual Report (10-k) Edgar (US Regulatory) - 2/27/2019 6:39:33 AM
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FlyFishingStocks   Sunday, 01/06/19 01:35:54 PM
Re: None
Post # of 192506 
This chart clearly shows when the party began and ended.... and who likely crashed it.

By showing only the buy signal bars, we see a buy alert (yellow bar) on 9/20/2018 followed by a buy trigger, represented by grey bars on 9/21/2018.

\

Then curiously, the signal bars end and the strong buying momentum rolls over on 10/10/2018, the day the Baker Brothers announce exercise of options.

Many have expressed confidence in holding AMRN because of BB's additional stock acquisition. IMO, they have been the main component stomping their foot on the stock by shorting against the box (because AMRN shares are "hard to borrow"). They have 'had their cake and eat it too' at the expense of retail investors. Now with the new guidance, they get to continue their massacre while waiting for script growth and FDA approval.

This chart depicts how big money leaves retail holding the bag at market tops.

The real owners/winners of AMRN? Baker Brothers... not you.



P.S. Buying call options against this activity? Futile

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