Amarin Corp Plc (AMRN)

[Tatsumaki]

Denner doesn't care about trading on inside info. He'll do what he thinks he can get away with. It's not like the SEC is going to put him in jail. Maybe a fine but that's a tax to these guys.

Sarissa doesn't need to chase shares to hold $1. Denner had his toadies on the board deploy $50M of shareholder money for Cantor to do that for him. Why use his company's money when he can ise Amarin shareholder money?

He also doesn't have a while lot of head room on shares before he breaks 10% and would have a lot more reporting restrictions and barred from short selling.

He should be classified as a true insider already and reporting form 4s on all trades since his people are running this company and no reasonable person could ever believe he does not have full access to all company info. But he is trying to work in the gray are and pretend he isnt and knows the SEC will likely never do anything about it. It would take a shareholder lawsuit like happened with Bioverative to bring to light all the shady shit he really does with his holdings.