Yeah, and it keeps coming up cause the "Denner is down big with his own money in this and just like me" crowd keeps bringing up how he's lost big money on this trade and needs to score a big win to finally make money above his initial buy in and hanging on hoping that'll happen. He doesn't. He isn't like you. It isn't his own money, it's a line item in his fund's holdings. He doesn't have a $4/sh bag. He actively trades this both ways. He has more access to company info than you do and will trade on it. He closes his books annually and reports to his holders ("Hey crew, tough year with Amarin but we restructured our position there and ultimately made $X in these other positions so net, we're all still up"... his guys are happy, doesn't do much for the retailers does it) while you're personal losses are exactly that, personal. His "shareholders" are big money like him, not common stock retailers. His math on this trade is nothing like yours. He can absolutely find a win for himself here that shafts every last retailer that thinks they've all got a common interest and he wont think twice about doing so if it makes him money. He will illegally trade if he thinks he can get away with it, he's been caught before. On top of all of that, no matter what happens, he and his crew are still getting their 2 and 20 on his AUM if Amarin succeeds or fails. Denner is getting paid no matter what. Meanwhile, all his Board pals get quarterly checks and get shares that dilute you more each quarter.
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