Replies to post #416769 on Amarin Corp Plc (AMRN)

[JRoon71]

👍️ Thanks! I new there was a restriction but didn't know the details. Thank you.

[FlyFishingStocks]

The short-sale rule (SSR) is a restriction on short selling that is triggered if the price of a stock drops by more than 10% from the previous close. It makes shorting that stock effectively impossible until the end of the next market day.

This rule produces short squeezes when the 10% drop occurs into a 52wk low.

[KnowNothingJonSnow]

Apparently hedge funds will now be forced to disclose their short positions much faster than previous. Transparency is a good thing.