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Re: FlyFishingStocks post# 407923

Monday, 05/01/2023 11:40:43 AM

Monday, May 01, 2023 11:40:43 AM

Post# of 424513
FLY....

Again, in what universe do you see Sarissa making tons of profit to lower their average purchase price of $4.35........

Shorting is a game in which share prices go down ..... You buy high , short the stock hoping for share price to drop..... then purchase at a lower hoping for the stock to go back up.... This is the game you have painted a picture of your windfall making profits during the last 5yrs....

Enter Sarissa purchasing 22 mil shares at around $100 mil. now you state they have shorted Amarin by pumping up the stock price and then shorting said stock reaping the windfall PROFITS since Amarin has gone from $2.15 to $1.30. Short shares are 23 mil as of 4-30-23. If Sarissa was total owner of all these shares the potential would be $19 mil....... in the last 30 days the stock has not gone up and down to provide multiple chances to short ... the share price went down 13 trading days in April with no significant upswings on the other 8 days by more than 2 cents.....

The trading of Amarin stock has gone down from 4.5 mil to 3.4 mil average per day..... the 6 mil plus days you refer to were bought at the highest prices of $1.35 to $2.00 in Feb.when the short totals were at 18 mil per monrh..... Shorting Amarin was highest 3 yrs ago with totals +50 mil shares.

Your chart reflecting yellow area of 55mil, at $.04 four cents produces $2.2 mil profit hardly a windfall..... your Chart and your statement only indicates that a short squeeze could occur down the road.....

WHY pump negative assumptions of how Sarissa is playing the Short market without any facts to back you up.....
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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