Another negative article about AMRN without mentioning anything new. Repeating what everyone already knows, is not journalism. "Companies like, is hoping to, and may have to perform" are words that can be used to describe any small bio. The author, Sean Williams, or should I say the contributor,specializes in the health care sector, but also has a penchant for mining, retail, and automotive stocks, as well as personal finance and macroeconomic topics of interest. Sounds like he is a real specialist concerning AMRN! Tired of these bashers!
Usually, with this stock, a washout happens before the next move up. Most of the volume today (almost 350m shrs ) was after 10:00 and through the 4.50 stops. Won't predict the bottom but volume has now slowed at lower levels. Lets see what the rest of day brings.GLTA
Sentiment: Strong Buy
If this, in fact, just a flush, then it could get back to the $2.60 area, once we're done. Earlier I said near yesterday's close, but that seems a stretch. 50% retracement from the $1.80 to $3.30 move, brings us to $2.55 ish....GLA
Pump and dump? Not with this much volume. Not since Sept. '13, have we seen this kind of volume. Back then it was news and now?? Let's wait and see, but I believe it's much more than pump and dump! Back to the area of $2.50 ish is healthy..If all is well, we should get back to near yesterday's close
Not to question you, but don't see the Baker Bros. as holders. Did I miss announcement?
There are so many more...vnda, cprx,hrtx,tkm,isis,fomx etc. they have 110 positions and 95% of them are in healthcare
Volume I was referring to was not the total daily volume. Only the volume in those few minutes. Should the stock really go down .18 on a few thousand shares? check out the move and volume at 10:00 to 10:03
here we go again with the predictions! Just let it find it's own level. Nothing we say will change the course. BTW...demanding they fire or replace MM, is falling on deaf ears. Nobody on YHOO management is reading these boards. Purely for our entertainment!
might rally from these levels or continue to sell off. Everyone, including myself, has an opinion about the price action. Unfortunately, nobody that is really plugged in, is posting here! This board is strictly for entertainment purposes and should not be used for trading ideas!
You have probably seen the lows in both BABA and YHOO ( give or take pennies IMO ) Only so much swelling without fresh news. Will probably settle and rally from these levels....let's see