Wedbush ($10 from $15) and Lazard ($13 from $16) cut both targets BEFORE THE OPEN this morning
Despite a year-over-year gain of more than 40%, AMRN was hit with price-target cuts at Lazard (to $13 from $16) and Wedbush (to $10 from $15) ahead of the opening bell. Meanwhile, the stock has been seeing plenty of call action in the options pits. Data pulled from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows a 20-day call/put volume ratio of 2.94 for AMRN. Or in simpler terms, calls bought to open have nearly tripled puts during the past month.
For cripes sakes give it a rest johnnylee,principal, recruit or whatever id you are using today. If it was legit it would be on everyones ameritrade,scotttrade or whatever, but it is not. Can you say agenda??? glta
At least we know why the stock has been going down yesterday and today. It was already leaked to their clients about the down grade so it sold off yesterday and today. This is such a rigged market. Whoever knew of this first could have sold two days ago and stepped away from falling from $9.40 range.