Replies to post #393592 on Amarin Corp Plc (AMRN)

[lizzy241]

MMS, yeah they're not none to be true activist. And they have been selling with every filing they own less. They got in cause of Lars Ekman. We'll see if they've been selling since Ekman is stepping aside the end of this year.

[Skipperdog11]

"It makes me wonder WTF the Baker Bros are doing?"

selling most of their remaining shares under $1.50 - could they possibly have made money after all these years?

[rosemountbomber]

I seem to remember someone posting once that BB are not activist investors.

[oneragman]

Mrmainstreet, they were down to a little over 5M shares at the end of the quarter. Probably out totally by now. At one point they had over 70M shares. They made a profit long ago. Obviously they found better investments.

[Invest83838]

I suspect the Baker Bros shorted the crap out of AMRN

over the years after Judge Du killed the stock and made out like bandits

With the stock price now staying in the 1s and the Denner involvement

They figure they milked it for all it was worth on the short side

and probably have little faith in what Denner can do

So they sold their long position at a loss

But I suspect they made magnitudes more than the loss by shorting over the last few years