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sharinky

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sharinky

Re: IslandOfMisfitToys post# 219620

Wednesday, 10/16/2019 11:53:56 AM

Wednesday, October 16, 2019 11:53:56 AM

Post# of 424416
This was a huge offering and it had a huge impact price per share. In order to bring the market cap back in line there was going to be a big drop in share price to bring the market cap back oil line.

In addition,If you read the documents with the offering, Amarin expected a AdCom and they got one. Anyone who trades biotech knew that Amarin would take a dump when the Advisory Committee was announced.

Two drops in share price and look, amazingly, our market cap sits at 5.6B. It will rise from here.
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Volume:
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  • 1M
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  • 6M
  • 1Y
  • 5Y
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