Buckle up for some manipulative price swings ... there are only so many shares available under $10, so how do you think the institutions are going to buy in? They certainly aren't going to keep paying up! They are going to buy in by stealing your shares.
1. If you place a stop loss, you might as well just send the stock certificate to them, cause they will walk the price down to grab your stop loss.
2. This board will once again be littered with bashers ... most of them aren't even short, they just pretend and work for the same hedgies trying to steal your shares.
3. Expect some piece of news to try and shake the weak hands out. Could be something as simple as this morning's UBS downgrade (you see how well that worked)
4. Typical one day action when we don't gap higher will be staircase down (taking out stop losses) then rip higher in the last hour.
We all know AMRN is worth more than $10, but there will be a lot of games played between now and the time we all get PAID! Good luck to all ....
Going Forward I don't think AMRN stock price would go under $7.60, if these Instit. were to manipulate the stock prices. I believe Jefferies just bought 12 million shares @ 7.60, last week?...
If AMRN went to $7.60 then we should all be out of it ... there would be something seriously wrong. I'm talking about the intraday volatility .... lot's of games to be played in order for the institutions to load up on cheap shares.