InvestorsHub Logo
icon url

The Canes

05/21/19 7:43 AM

#192519 RE: Yoyippie #192517

Couldn't disagree with you more...if we don't get it we're headed to 14 - 15 if we do 19 - 20.
icon url

amarinbullfromchicago

05/21/19 7:53 AM

#192521 RE: Yoyippie #192517

Yeah so will a $50 BO offer right?
icon url

jeebray

05/21/19 8:02 AM

#192523 RE: Yoyippie #192517

If pr granted stock very well could trade down the next day....that's been this stocks history...other than r-it results many "big news" events have come with a short term sell off....so it could happen again. I agree with lbl though that if pr granted the stock eventually finds a higher trading range as year progresses
icon url

couldbebetter

05/21/19 8:22 AM

#192526 RE: Yoyippie #192517

Sadly, AMRN is infected (like many other small biotech companies) by
short sellers and the only way to get rid of them is through a takeover
of the company. This is how it is with these type of stocks. That is
a fact, at least for those companies that are infected. The CEO of ITC
figured that out for himself and placed the company up for sale. In
a Crains interview he said what kept him awake at night was that hedge
funds were shorting his company and depressing the share price as well
as harping on issues that were not real. Fortis ended up acquiring ITC
at a good premium. His conclusion was that huge companies were to
difficult to short effectively so they gravitate towards smaller
companies and leave the big ones alone.
icon url

Biobillionair

05/21/19 8:29 AM

#192527 RE: Yoyippie #192517

If the stock was already trading at $40 yes, but shares are depressed... sell the event is not possible in this circumstance. Margin call it is...wait for the call and you’ll see.—BB