News Focus
News Focus
icon url

Biobillionair

07/02/16 10:40 AM

#84166 RE: jessellivermore #84162

icon url

FlyFishingStocks

07/02/16 11:41 AM

#84176 RE: jessellivermore #84162

JL, very interesting, thanks. 2008 illuminated the twisted evils on Wall Street. However, restrictions were short lived and regulations failed to come about to prevent the reasons behind the bank failures. It was like a Doctor telling the patient they are not to cough for 30 days and then failing to treat the underlying pneumonia.
Short sellers are alive and well. There are more hedge funds today that there were before many failed post 2008. Their freshest meat exits in the Biotech space (small caps). Though some of AMRNs short position is attributed to debt neutrality, the vast majority exits to exploit Amarin's unfortunate events in the past. They smelled blood and piled on. Here is a good article about naked shorting of biotech companies:

Illegal Naked Short Selling Appears to Lie at the Heart of an Extensive Stock Manipulation Scheme

Another good article (IMO) that presents legitimate reasons for AMRN shorts to be nervous:
Is Amarin Corporation Plc Stock About to Double?

The unwinding squeeze has begun.