Amarin Corp Plc (AMRN)

[KCSVEN]

Good question on What are me missing.

Why would short interest go down 8 million and reverse and go up 10 million over 1 month. Are these really large short term traders?


Of course we've all seen increasing short interest up to big events not signal anything bad, but also seen where it seems there were people more "in the know". With calls so high could shorting be a hedge for large call option buying, they make call premiums and more back if it drops $6-8 but also make more on options going up than they lose on the short. When you get option premiums this volatile you just never know.

But I think MO has to be in the FDA documents and I think shorts may know that and know that mention may cause a drop, but is it a mention, a large section of the FDA docs? Seems lots to risk on Mineral Oil which I feel comfortable has been solidly debunked.

Could it just be algorithms and computer trading?

The fear always is someone know something...but at these short numbers wouldn't it be MANY people and thus word would be out.

In the end the "someone knows something" scenario is really the least likely so bests to think the short interest has no meaning or value in terms of what's going to happen in November and December but if the largest short position could announce themselves and their reasoning I'd appreciate it.