InvestorsHub Logo

NewMoney

01/09/14 10:27 PM

#23657 RE: L0tsaluck2000 #23656

True. Upon further review, it looks to me like Amrn simply moved along with the sector it's in. Experienced traders know about 70% of a stocks movement is sector movement. That's why stocks of companies that are firing on all cylinders can still fall if the sector they trade in is out of favor.

AMRN is down here for a reason that hasn't changed.

Here it will stay until something changes. Then it will either climb out of this hole or auger in.

gta888

01/09/14 11:21 PM

#23658 RE: L0tsaluck2000 #23656

Correct, with all the volume left and right since adcom, anything above 5% beneficial interest needs to be reported. So far nothing. We need to wait until end of jan, beg. Of feb to see new 13f filings ending dec 2013. It will include adcom fiasco time and dec 21st spa delay stock moves. That would be a true tell for me to see who's still in and who's out.

I agree on short covering today but I also see a lot of sellers allowing folks to cover. Stock has a catalyst and I am hopeful it will turn out well for them by the 15th.

We need a partner. Just cause we may have anchor and better science, drug, won't change if we don't sell enough. Glta