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Replies to post #194294 on Amarin Corp Plc (AMRN)
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It would be different if our chosen path was journalism, as journalists revel in controversy--but it was not. For these reasons, the identities of the members of Medical Research Collaborative, LLC shall remain anonymous.
05/31/19 1:58 PM
Msg 5616 of 5646 at 7/6/2016 1:54:15 PM by
jmlogan72
The following message was updated on 7/6/2016 1:57:16 PM.
TGW
Just admit I'm better at this than you:
""
egkainia • Apr 14, 2016 7:51 AM Remove
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Just going on record
To say I'm shorting this today.
I'm doing this more as a lesson to myself and to you all. Just go with the most logical, objective, emotionless decision. This is it. There is only one logical sentiment regarding NWBO--"sell."
Listen, you don't have to hold this. Anyone saying you should sell for the last 10 months has been right EVERY TIME. And every time you would all respond the same "you're not getting my shares!" or whatever other silly plot you imagined was going on. But look, no one was trying to scare you into selling to then "buy your shares on the cheap." Nope. In fact they were genuinely giving you great advice just by expressing their opinion! Imagine such a thing! You've deluded yourselves into staying long.
I admit now seems not a good time to short this. The chart is solid here, the bio sector has turned around. I'm doing this on fundamentals purely. I know they COULD have had the hold lifted. I know they don't for a negative reason. I feel strongly that this new mention in the risk factors portends something they've been considering. I think they will raise again soon at even more depressed levels. When I consider those things and look at the $1.50 price tag, I recognize the market cap is actually too high. It should be more like $50mm or so. Imo.
My opinion has been consistent here (under my other handles: Pyrrhonian, finishedworks, Michonne, jmlogan72) ever since this popped over $8 last May. I said to hedge with puts. I was ostracized and maligned. Then over $10 I said to outright sell. Again, I was in cahoots with shorts. Then I said this makes a great short ($10-$11 range). You all maligned me further. "Not getting my shares!!" Meanwhile TZOR/ryanlies was declaring he was buying more over $10... Then I finally said okay no reason to hold the short, time to close it (upper $4s). Then when Woodford came out saying what he did I said sell/short it again, though at that time I was out completely.
Now my opinion is to sell. Am I finally wrong?
""
Member when you shorted NWBO but did it all wrong?
Buy some CYTR out of the money calls. Don't be an ass.
06/03/19 9:01 AM
AI
