Amarin Corporation plc Message Board

rpw003 8 posts  |  Last Activity: May 17, 2013 6:35 AM Member since: Aug 14, 2006
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  • Reply to

    Just lucky I guess

    by rpw003 May 16, 2013 8:51 AM
    rpw003 rpw003 May 17, 2013 6:35 AM Flag

    I realize that after the fact. I was just looking for a nice dividend play and this stock had dropped 45 to 50 cents over the last 5 days. I had no intentions of buying 10k of shares but i started buying at 14.06 , 2k at a time, i wanted to be at or below the closing price at the end of the day. It kept falling so i kept buying . 14.05, 14.02 . 14, even 13.99 after hours. Bought 2k more at 14.02 ah. It took 5 trades for me to accumulate and before I knew it I had 10k@ 14.01. Sold 7500 block at 13.50 in the premarket, then 2000, and 500 when the market open. The 7.5 k in the premarket was a gift, which is why I said I was lucky. it could have gone the other way. I thought I could fly under the radar with this one and it worked out fine this time. $1,000 gain after commissions, but i thought the beta and risk was low. I'm done for now.. I see a major correction coming.

  • Reply to

    Just lucky I guess

    by rpw003 May 16, 2013 8:51 AM
    rpw003 rpw003 May 16, 2013 11:00 AM Flag

    Wiill do. It takes three days for the trade to clear. which will show me as record shareholder for the dividend, I believe the div payout date is May 30, so I'll let you know then. It used to confuse me but not anymore. Must always buy the day before the x-div date and then you can sell the next day if you want and still qualify for the divy as my trade will take three business days to clear.

  • Reply to

    Just lucky I guess

    by rpw003 May 16, 2013 8:51 AM
    rpw003 rpw003 May 16, 2013 10:17 AM Flag

    all you have to do is hold thru x-div date which is today, didn't you see that the.63 divy was pulled out overnight. Close a 14.02 -..63=13.3882 today. You are considered a record holder if you held overnight and will receive the dividend. Google x-dividend.

  • I bought 10,000 shares yesterday near end of day, average 14.02. Held overnight, so I get the divy, plus.11 cents or $1100 on the premarket sale today.. Maybe I should have waited for more but decided not to get greedy. I hope you guys pick up a better return. News is sketchy this morning. What is the consensus on this Reit?

  • rpw003 rpw003 Apr 30, 2013 4:48 PM Flag

    This is NOT a good stock to own. 51% float short. Now more after this report. A former long.

  • rpw003 rpw003 Apr 30, 2013 4:46 PM Flag

    Way too many shares . You need to diversify. Sell in May. This quarter did not work out.

  • Bought at the close 1000 @ 30.76. Uggh! Bought in AH 800 @ 27, 700 @ 26, 500 @ 28 for a total of 3000 shares at an average price of 28.18. Sold them all at 28.27. What a freakin nightmare. I thought for certain this was going to be a beat and guidance to be super. Boy, was I wrong. Thank God I had the money to dollar cost averaging down and get the puck out. I'm a very disappointed long. And acathar is so promising to so many people who need it. Roller coasters are not my bag anymore. I hope the rest of you are okay.

  • rpw003 by rpw003 Mar 22, 2013 2:46 PM Flag

    We were just at 30 or 29.5 after it crossed over the 200 day moving average. Now we cross it again on the downside. I'm not a bear. I have made 3k swing trading Qcor long. Just following the trends and TA. Nomad and Mikey know the game. Ricky here in Chicago. You gotta watch this stock like a HAWK! Must give up the day job or play u lose.

AMRN
7.14May 17 4:00 PMEDT