Amarin Corp Plc (AMRN)

[FlyFishingStocks]

This is the end game I have been posting since Denner took the reigns. Sarissa has profited by trading mirror image moves in AMRN since Denner took over. They engineered bogus upgrades/ rallies so that they could stomp on retail euphoria and take the price down step by step toward this day.

Delisting leads to bankruptcy(see below). R/S leads to rats jumping ship. Both set the company up for a private takeover.

Delisting can make it harder for a company to raise money, which could lead to bankruptcy. For example, creditors may call in loans or the company's credit rating may be downgraded, which could increase interest expenses.
If a company is delisted, it will usually trade over the counter (OTC) through a dealer network. The mechanics of trading remain the same, but investors may have a harder time selling the stock. This is because the OTC market has low trading volume and wide bid-ask spreads. Institutional investors also tend to avoid stocks that aren't on major exchanges, which can further lower trading volume. For these reasons, some say that most investors would be better off selling a stock before it's delisted.
If you just found out that a stock you've invested in has been delisted, you're probably worried. Delisting is generally seen as a bad sign by investors, indicating that the company could be near bankruptcy or can't meet the minimum financial requirements of the exchange.

It's going to be hard for the company to engineer rallies from these deteriorating conditions (Impossible to talk Cantor or Jefferies into a phony upgrade)..
A private takeover on the heels of a R/S allows a better prospect for the new ownership to resurrect the company's profitability.

Either scenario is not good for current shareholders.

The TA that has unfolded has given substantial circumstantial evidence of this end point. In a way it was like the "hound of the Baskervilles". The dog should have barked ... but didn't. Something was off, and PRICE proved it.