Replies to post #402470 on Amarin Corp Plc (AMRN)

[FlyFishingStocks]

Small AMRN investors have been played again by big money:



1- JPMorgan is made aware of Sarissa’s intentions and ignites a short squeeze with an AMRN upgrade
2- Sarissa announces intentions
3- JPM clients sell into strength at the down-trendlne resistance.
4- More distribution as prices fail at falling resistance.

This price action was very predictable. Just like in 2021 when prices rose 74% from 1/7 to 2/3, they fell just as fast, down to 0 gain by the end of February.
An engineered exit for some privileged HFs on the heels of the proxy vote is what we are seeing here.