falling knife,,, straight into the hands of bp... somewhere north of $28.00 pps,,, ,,,seriously you should try some dd,,, it might be to your financial advantage..good ill be smiling all the way to the bank,,,long and strong amrn,, arna
Could not agree more. Dilution timing indicates continued horrendous cash burn rate on upcoming earnings report. It could get crushed even further on that news and if followed by anything negative from Oct AdCom the stock will be totally dead.
the institutions selling know the financial figures as they can estimate from weekly scripts. With a mkt cap of almost $800mil...and only 6 mkt reps/state..AMRN will never make a profit..they'll have to dilute several times to make up the shortfall. MKT reps make $70k-$100k each. I doubt annual scripts can even pay their salaries.