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Re: alm2 post# 363130

Tuesday, 12/14/2021 9:44:45 AM

Tuesday, December 14, 2021 9:44:45 AM

Post# of 423561
alm2, I completely agree - it has gone down to far - price has collapsed simply.
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For a long time most believed that by some magic $4 were the floor (as it were the 3 days after the Du ruling Marts 30. 2020).

Precisely what is happening (why the steady fallback for the last nearly 2 months) ?.

It did start falling from over $5 - exactly at the time the Class Act Adds started October 23. 2021 (look at date below - this campaign has been been going on now close to 8 weeks - non stop.

https://finance.yahoo.com/news/amrn-investor-alert-class-action-000000218.html

Since October 23. 2021 - I just counted 104 Class Act Adds from law firms - and this is just on Yahoo under AMRN page.

I have seen other experienced investors - post that they have never seen anything even close to that' - in putting negative pressure on a small company.

A couple of weeks ago Goldman downgraded AMRN stock to 'sell' didn't help either.
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And your absolutely right - "What did KM and Amarin do - to defend/protect the share price - under these attacks" ?

Absolutely NOTHING - than hide in the Golden Tower - that we as retail investors know of.
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And your right again - that where we are now in share price - it has to make possible interested BP - wonder why the market has completely given up on this stock.

It is in every way a bad situation for Amarin - no way around it.

Jasbg
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