Is this a joke? Lol.....WOW. JPM is behind this secondary, and how do they say "Thanks"? A nice tidy downgrade two weeks later. Nothing says Thanks like a downgrade!!!
haha...good gawd this is a horrible situation. Now JPM has turned against them (only after they got that secondary business). I am really starting to think that gap in the $3s will fill. Once this breaks $5, it's lights out below.
Not surprising given the shares are at $5.31, but this will be a bad day I'm thinking. It means no buyout or partnership is imminent since AMRN just met with them, (or is it?) Playtime for hedge funds and MM's today. On the other hand, $12 without considering ANCHOR strikes me as rather odd. They're saying the company is more than a double from here with a denial of ANCHOR? That's like saying Apple is a $1000 stock without the iPhone. Oh well, time to see how low they can take it because of this "bad" news, (the stock is a double+ without ANCHOR).