Sleven, Some big institutional positions were likely liquidated during the month of April and especially the first week of May - as evidenced by the down wave volume of over 135 million shares
Who sold these shares? i have to believe some important funds lightened up on their AMRN position.
Jan - April was the worst performance in the history of the Nasdaq. Biotech was in freefall, while world events and business prospects were deteriorating...and... the fed began raising rates in a slowing economy and soaring inflation. Could it be that these stagflationary signs combined with Amarin woes forced BB or Denner to sell?
I'd love to hear your thoughts as to who sold all those shares.
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