Capt- a defensive move should never be considered anything but prudent when uncertainty abounds. Just think of your proactive move as similar to buying put insurance. It may cost you a small amount, but it really was a solid move.
Capt, I hate to say I hope you did as I am out of funds to take any additional advantage to lower my CB and couldn't force myself to sell a portion at $.64 and try to buy back at $.55 if it dropped. However, we will know by midday today who made the correct choice. Believe me, with Amarin I rarely make the right choice. GL
Apparently not! Congrats. It does feel like we're bouncing along the bottom of the ocean though. Being valued at significantly less than cash with measurable revenues finally starting to trickle in from Europe and beyond, Amarin will rise from these ashes.
No it almost always drops 20% but maybe the price got so low now shorts have moved on. I mean the Europe and Row sales are still pretty pathetic so I think you made the right move. This investors confernce better be a grand slam imo.