Replies to post #415263 on Amarin Corp Plc (AMRN)

[seve333]

I would assume denner is behind it. There are clearly no real buyers just shorts and someone keeping it above a buck. Eveyday is the exact same thing. Something eventually probably will happen I am just no longer expecting it to happen anytime soon. I have come to realize this is likely a several year minimum process.

[JRoon71]

I think MM's and shorts have had AMRN stock figured out for years. They know the patterns, they know the volume, and they just keep riding it for profit.

Until there is significantly more demand on the stock, we will just continue to ride the lows. Sarissa shrinking the float can help, but adding 1% doesn't really do anything. We're still only around 30% institutional ownership, which is quite low for a biotech.

If Sarissa keeps buying, that could encourage more institutions to jump on board.

Retail is non-existent in terms of additional purchases.