Better not see 4 tomorrow. I sold covered calls with a strike at 4. I think the market makers will keep AMRN right around 4, they want to profit, don't they?
October Week 2, do you know anything about Option Trading, I think not! You can disagree with me, but please know what you are talking about before you place foot, leg and butt in your mouth!
I sold some today, 0.10 per contract, if my are called, God Bless Me. Mine were all covered calls, but I sold all I own, so I will be a buyer Monday.
I sold cover Oct. 2 week 7.50 calls for .10 today, so someone thinks we are going to have a Big Friday. For the buyer to make money, AMRN has to trade at 7.60.
Not buying, covering. If Washington had any balls, we wouldn't have the current mess with the budget, nor would GS still be in business. SEC and GS have tons of settlements, they pay the SEC 500 million from the 9 Billion they made on a shady deal, but within the settlement, there is no claim to any wrong doings. Meanwhile, main street thinks the SEC did a great job collecting 500 million, yet fails to see, GS still made 8.5 Billion. There are players that do exactly the opposite of what GS says.
Not only is it manipulation, but they sure are doing a fine job at it, too. I'm looking to sell some other holdings and buy more, thus disobeying the golden rule about to many eggs in one basket. Yes, I think we are trading lower then current scrip sales growth.
Smart move, I bought more shares, your downside is capped at 92 cents, Lord only knows what's going on with bio in general and poor little AMRN in particular!
I'm long and got longer this week, so don't be jumping all over me. This just means more scripts to come. Yesterday, I went to my doctor's, he never heard of us. I live in a good size town, too.
Good point, one must know where their true heart lies, but if their money is on the table what's wrong with getting some kicks out of good PR? I'll see you at seven, my friend......nice article!
But David, this isn't a Math Class, the OP (current share price) was artificial made via bogus nonsense that was either stated my the CEO or just reported that the CEO said all was well and no further financing was needed near tern.
I think all hell is going to break out tomorrow, but I do not understand AH trading, so who knows. Good Luck
This story is growing by the minute, he said she said, all the while they said, millions of dollars were changing hands due to this he said she said nonsense. I see lawyers sorting this all out, to much money for those fine fellows not to flock to the action.
CBNC reported that the CEO said no further funding needed, they better have his saying that on tape or they will find a lawsuit or two themselves!
I'm thinking CNBC will invite a word or two from Ackman, that would be good for ratings.