Replies to post #228715 on Amarin Corp Plc (AMRN)

[tmac20]

Vu - Hopefully your friend will hold this broker accountable when we get the label and within 6 months it's over 30.

[Albino2]

VuBru. I have heard of firms initiating coverage then making calls to clients to buy but I hadn’t ever heard of initiating coverage then searching for clients who already own and telling them to sell. Do you know if that happens often? Or is it highly unusual?

[shadolane]

Unbelievable that one negative opinion can influence the market this way.

Positive opinions don't seem to have comparable effects. Even multiple positive opinions.

[Atom0aks]

A friend of mine who I had convinced to buy Amarin (at about $17) last year received a call today from his broker...Oppenhiemer. The broker told him to sell Amarin. Unfortunately, he did sell before hearing the other side of the story. There may be many people getting the same phone call today, so that may be why the price has dropped.

Does that mean he has a copy of the full report that he could share with us? I would be very interested in reviewing the what the analyst disclosed as conflicts of interest.

[sts66]

Oppenheimer is his broker? That sounds sleazy as hell - and your friend shouldn't be managing his own money if he takes the word of his broker as gospel w/o doing any research himself - do you think he would have sold if he knew an Oppenheimer analyst had come out with a PT of $7 w/o providing any basis for that opinion? Sounds mighty close to breaching the Chinese firewall to me - his broker may have also broke his fiduciary duty to protect his client. I'd be royally PO'd if a broker did that to me, although it wouldn't have actually resulted in me selling my position - no single person or opinion is going to get me to do anything.

[Danburydude]

Very interesting . Bio Bill might be on to something about news breaking soon . It seems Oppenheimer is in a big hurry for some reason to scare up shares for them to scoop up .