Replies to post #221540 on Amarin Corp Plc (AMRN)

[Invest83838]

GS Talked JT into $18 dilution price

while the free market price was between $21 and $23

and then GS came out with a $17 target price

to backup their dilution price

minus subsequent market effects (like China trade, etc.)

If JT had not 1st told the market he thought the fair price was $18

the share price today would be at least $3 higher than it is

GS made lots of money shorting it down from the $21 / $23 range to

their "ceiling limit" which they have set at $17

GS have been / will be accumulating in the sub $17 level

[dmiller]

I hate to burst your bubble but that's not the way GS operates. If they put out a 17 price target they have their reasons why. You just saw them. They did not just come up with it. They don't just throw out a price target without doing the research behind it.

In other words, the initial analysis was crap and everyone knew it. They now have had to come up with something to back into their crap.