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Re: md3434 post# 184588

Saturday, 03/30/2019 12:03:27 AM

Saturday, March 30, 2019 12:03:27 AM

Post# of 427716
You own the shares and don’t need to worry about lending them. Some shady brokerages may, but the large ones won’t (it’s basically them taking the short risk on their own, and the payoff is not worthwhile).

People say sell otm calls to ensure it, but for a stock like amarin they don’t list high enough calls for me to feel comfortable selling.

Most of the share sales in amarin are long sales, I can see that info via the market data I have. This is almost a moot point. Every time there’s a down move we think it’s a short manipulation, but the fact is the sentiment is just not 100% on our side yet. Unless it’s a multi billion dollar company keeping us down (which would be illegal, and BPs aren’t known for shorting small biotech stocks for size, so not sure who else would be incentivized to short us), mms and these “professional” shorters really have a limited impact on amarin at this point. We’re efficient and liquid enough to where it’s not cost effective to try to depress the stock price. And remember, shorts only have so many bullets. All these sell offs, if manipulated, just end up resulting in the party having to buy the same # or more shares back if they in fact want to be long. I’ve never seen anyone sell shares to buy cheaper, just doesn’t exist from a manipulation standpoint. Too much slippage and risk
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  • 1D
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  • 1Y
  • 5Y
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