Amarin Corp Plc (AMRN)

[sts66]

Don't know if this has been mentioned here already or not - but Sarissa and Denner look like they pulled a fast one on us - they actually dumped 19M shrs in Q4, partly why there was so much selling pressure on the stock, then bought 21M shrs back in the first week or two of 2023 - so they were arguing since Oct 2022 as a 5% owner they could demand a special shareholder meeting, which they actually didn't file for until Jan 11 2023, while in reality during some period of time in Q4/22 they only owned 1% of AMRN - appears they sold at $1.20 or so to help drive the price down so they could get shareholders riled up enough to elect their BOD, then the rebought at $1.40 or more - that was pps as of 1/4/23, went all the way up to $2120 on 1/17:

https://whalewisdom.com/stock/amrn

SARISSA CAPITAL MANAGEMENT LP
Shares Held Change in Shares % Ownership Date Reported
4,807,000 19,191,000 1.1904% (no date given, it's their 13F for Q4/22)
25,210,000 (no change in # shrs reported, very odd) 6.2427% 2023-02-14

I checked a bunch of different websites, some show that 19M shr sale in Q4, some don't, but all show Sarissa controlling 6.24% as of 2/14/23 - but I suddenly think maybe I should change my vote to the white card, Denner is apparently a real snake in the grass.