Hedge fund computers sold to over-confident retail buyers of course. And those retailer buyers are left holding the bag until the next good news (hopefully there will be some).
Hedge fund computers bought the day before, and early in the day of, the official news (because they work on insider leaks) at a range between 0.5 to 0.75 and then immediately turned around and sold all of their shares as it shot skyward from 0.75 to over 1. They are now on to the next big story. Retail bagholders (including me) are still holding their shares.
LOL! I come back at the end of the day and see political nut jobs taking a jab at my post. You have to be a political nut job to still vote Demoncrap after the numerous atrocities committed by Obama, Pelosi, Reid, Hillary, Frank, Dodd, Schumer......the list is just so long of the enemies of the US that are the top figures of the Demoncrap Party.
buy out MCP? The US Government shouldn't allow it but China companies are buying other US companies. Since the current administration apparently doesn't seen to know who are enemies are, maybe they will allow a China rare earth company to monopolize more of the rare earth supply.
Wall Street hedge funds make money as MCP goes up and also as MCP goes down since they can easily manipulate this penny stock. It sucks to be an MCP bagholder.
but when I look at the 6 month chart, it appears a "W" is currently forming. Although I sincerely hope MCP climbs back to greater than 1, this technical pattern will probably end up falling apart and MCP will not get back to greater than 1 for 10 days straight before the delisting clock expires.
give it about a week or 2 for the dust to settle - at maybe around 0.3 +/- 0.05 and then start accumulating as your cash and nerves allow.
If you have followed MCP over the last couple of years you know that the worst stock price is after their earnings report - not surprising since their earnings or lack of net income suck. Anyway, it is almost time to buy for the cycle up in price. Those who bought the last down cycle tripled their money within a couple of months. Also, MCP has input this "going concern" issue before in their earnings report. Of course they could go bankrupt, but I don't think that will happen anytime soon.
Very true young guns. The Demoncraps took over the public education system and most colleges decades ago and have dumbed-down the population to the point they get their "news" from pop culture sources. Most people in their 20s & 30s are totally brainwashed to vote Demoncrap no matter what. And now the Demoncraps want to legalize and give freebies to illegals that can't even read or write English in order to have more dumbed-down brain-washed voting base. Welcome to the USSA comrade.
Well. I feel sorry for Hillary. She stood by Bill while he had numerous affairs and she got all of her political appointments because she is Bill's wife. And she knows all of this. She was the front runner for the Demoncraps in 2008 until out of nowhere a likeable, well spoken, good looking black man became the front runner. And he got to destroy the USA before she could. She has been shafted by men all of her life. Poor Hillary.
Apparently you have not learned from the history of STEM stock price versus dilution announcement. Please Note that I am a long time bagholder of STEM and really wish it would take off. But for at least the last several years when the stock price had significant increases with no or little news a dilution announcement followed within a matter of a few weeks. So we will see what the story is this time. Again, I really hope that I am wrong but history over the last several years indicates I will most likely be correct.
show that these sort of stock price increases without news are followed by the company diluting the shares. Those that do not know their history or doomed to repeat it. Watch what happens within the next few weeks and learn.
Rafun, unfortunately Amarin's primary problem is the corruption of the US federal government, as exercised through the FDA and ObamaCare. I hate politics with all my heart and avoided thinking much about it until 9/11/2001, at which point I started learning more about it. The more one learns the worse it gets. The Democrat Party of today is a Socialist/Marxist Party and the Republican Party of today is kind of like the old Democrat Party. John F. Kennedy, if he were alive today, would be a Republican. Me, being a true fiscal conservative and a person who thinks the federal government should not be involved at all with our social choices, do not like either the Republican or Democrat Party, and am more of a Libertarian. Anyway, whether we like it or not, politics affect almost everything we do these days.
Just like my posts were deleted last night by iHUB, I expect the post below to be deleted as well, since the iHUB board posts are censored by Democrat monitors.
LOL! So BioBill
it is all about the politics isn't it?
There are many good technical discussions presented on this board about the technical merits of Vascepa. But at the end of the day, it is politics that is killing Amarin and Vascepa. Vascepa has to obtain approval from the Democrat run FDA, and then Vascepa will have to somehow survive the Democrat rammed through the system without any checks & balances Obamacare, which will end up regulating approvals of drugs through insurance companies. The Republicans have been plowed over by the Democrats when it comes to "healthcare" and many other things, so the Democrats own whatever happens to the healthcare system in the future. End of story.
stu, the Form 4s would be associated with the Amarin management selling their shares on the open market - they don't have to sell their shares to a specific entity, the entity exercising the warrants. So again, the warrants are purchased and held (not sold Staccato) by an Angel investor and (possibly but we don't know yet) some Amarin management sold some of their "free shares" that they previously awarded themselves when they knew that the price was around $1.50, the warrant price or purchase price by the angel investors, since Amarin management believes that will be the highest price we will see for a while. And again, this is all speculative on my part but there had to be a reason we saw the share price spike to $1.50 (as angel investor exercised their warrants) quickly and then quickly spiked back down as Amarin management sold their "free shares".
stu, per one of my posts above, I indicate some future SEC filings would show management selling - if I am correct - and as I mention above my speculation may be incorrect - all I know is that the trading activity over the last week is suspect and there is a reason it went up to 1.5 quickly and then dropped significantly after some shares were traded at that level. If this continues to climb from this point on, then my speculation is incorrect and hopefully it will reach Staccani's lofty speculation of $30+ per share in the future - then we will all be happy and will quit feeling screwed by FDA and Amarin Management.
No Staccani. I am indicating that (I think) some of Amarin management, who has awarded themselves free shares in the past, sold some of their shares to the Angel investors who exercise their warrants to purchase those shares at $1.50 a share. The Angel investors keep their shares and some of Amarin management unloaded some of their free shares for a buck fifty per share gain. Why would the Angel investors buy more shares when Amarin management is selling some of theirs? Because they know Amarin management will just issue themselves more free shares in the future and the Angel investors will be rewarded with probably even lower price warrants in the future. Of course they believe (and well all hope) that the future of the company is bright and the price per share will reach, what did you post? $30 to $1,500 per share. LOL! Keep toking that funny weed Staccato.
No Staccani, your post here is the most clueless so far in 2015. $30 to $1,500 per share. LOL! - just absolutely very laughably clueless. But please be assured that I am very much the AMRN bagholder and would absolutely love to be able to sell my shares at $30+ each, which would net me $2MM or more in gains. But the corrupt federal government and inept Amarin management will ensure this will not happen.