david22hughes

david22hughes
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  • My 5 Summer Stock Market Flings For 2013  [View article]
    I think im way enough out there to explain. I 'invest' the same way.

    He is a long that has done his homework and knows the potential of the ANCHOR and REDUCE-IT patient populations in addition the bullish fundamentals.

    He owns a certain amount of shares at a base cost price of whatever - lets say 8,000 shares at an average cost base of $12.50. He has invested $100,000.

    The shorts take Amarin by the balls and manipulate the share price down from $15+ post Marine NDA approval.

    100% confident on his bullish long term outlook for Amarin he is not in the slightest bit concerned about the downturn - he's done his homework and sleeps well at night. He isnt part of the market manipulation (I hope!) but has a spare $50-100k in cash on hand to snap up additional shares should they keep dropping. Lets say he has $100k.

    They drop to $8 he buys 1000 = $8k. $7 he buys 2000 = $14k. $6 he buys 13,000 = $78k.

    He now owns his original 8,000 shares plus the 16,000 he accumulated below his cost base.

    He now owns 24,000 shares at a total cost of $100k + $100k = $200k.

    His average share cost price has now dropped from $12.50 to $200k/24,000 = $8.30 - which is nearly $4 below his original average.

    He may have been late to the Amarin party but thanks to the wonders of market manipulation and kind hearted pillars of the community like Jim Crapper and Adam Fartstein facilitating the manipulation, it doesnt matter. He's able to snap up cheap shares anyway! Praise the lord for Crapper and Fartstein!

    Got it yet?

    That's as easy as I can explain it.
    Apr 26, 2013. 05:02 AM | Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    I just had a read of one of your other articles:

    http://bit.ly/11Y0Zia

    “The market is a destitute cesspool, full of dirty tricks like market manipulation, naked short selling, cellarboxing stocks, and derivatives.”

    “The financial world is a dark world that exists on backstabbing, complex vocabularies and secret handshakes. These things all occur under the cloak of secrecy in the secret fraternity that is Wall Street, and if you don't have even the least bit of education on the fundamentals going in, you'll never understand the complexities; and your life savings will be systematically bilked from you and will go towards some billionaire's landscaping bill.”

    “95% of the people feeding you advice; whether it's here on Seeking Alpha, on CNBC, or in the Wall Street Journal all have agendas and positions that they're trying to make money on. Believing these people disclose these positions all the time is laughable. Take everything, including what I write, as a sales pitch. Go in as a skeptic and question motives. Again, finance is a lesson in cutthroat 101.”

    Well, i’m learning and it’s all pretty disgusting. The quotes above say it all about the levels of personal integrity needed to be a professional Wall Street crook. You guys would sell your granny to turn a profit if you could. I aint cut out for that particular game but knowledge is never wasted…

    INTEGRITY: 1. adherence to moral and ethical principles; soundness of moral character; honesty.

    Enjoy the weekend.
    Apr 26, 2013. 03:39 AM | 6 Likes Like |Link to Comment
  • Amarin Set To Go After Expanded TG Market In Q4 2013!  [View instapost]
    As a company that has a drug capable of being the number one selling pharmaceutical drug on the planet (not an exageration) within a few years but who has no chance of making it happen on it's own. JZ sees it the same way.
    Apr 25, 2013. 06:03 AM | Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    The fact is that most of these shorts were tardy to the party with Amarin and were nowhere to be seen when the stock was trading at bargain prices under $5 a while back (since when, the fundamentals have gotten substantialy better). You shorts now know damn well about the huge upside potential of Amarin, but this company wasn’t on your radar until the approval of the NDA for the Marine indication. At that time the stock was over $15, you badly wanted a piece of the action but $15 was too high an entry, so you conspired to manipulate it down to where it is now so you could bully your way into a position where you could accumulate cheap shares. And the greediest of you won’t let up until the stock is on it’s way to $5.

    I knew market manipulation existed but never realized the full extent of it until I started reading all these bearish articles on Amarin that started cropping up all of a sudden after the FDA approved the Marine indication. Articles laced with sensationalism, disingenuous statements and outright lies. The most dumbfounding part was that people were falling for the lies in droves, buying into the fear porn and selling! The final straw for me was the acceptance of the sNDA for ANCHOR the other day and the share price closing down for the day. That removed any lingering doubt I had about what was going on with the share price.

    From your article above I’ve picked out the following (there are others) as examples of what im talking about when I mention sensationalism, disingenuous statements and outright lies.

    “…….another great piece by Adam Feuerstein on Amarin.” (That clown is the ring leader of this circus)

    “…….the poor intellectual property behind the drug may be one of the ideas that big pharma passed on it in the first place.” (Poor IP?! They have a dozen patents granted and another dozen + pending!)

    “If generics are approved, as Feuerstein says, Amarin will be essentially doing their advertising for them.” (Read and quit fondling Fartstein's balls : http://bit.ly/12kV9dn )

    “With a prescription that's supposed to have a serious niche, we should be seeing consistent prescription gains each week well upwards of a mere 15%” (It’s waaaaaaaay too early to be critically examining script numbers)

    “…….if script data starts to decelerate in growth this early in the launch, Amarin is going to have some serious problems.”

    “........the newly introduced caveat of a possible generic being introduced; which could be crippling.” (Again, read: http://bit.ly/12kV9dn )

    “……..the realization that Amarin's traction and lack of bullish sentiment thus far in regards to the Vascepa launch was making it a pretty big risk to go long in.”

    “There's simply no upward momentum here behind Amarin. That, in addition to the data contained in Feuerstein's article this morning, made it easy for me to pull the trigger on more puts, adding to my short position.”

    It's like listening to a politition looking for votes around election time.

    You shorts conspire to wipe out price increases that any catalysts such as the following SHOULD ordinarily have on the stock’s price: the granting of patents protecting the drug out as far as 2030; the acceptance and filing of additional sNDA’s for suppliers of the API providing a barrier for entry; the recent sNDA acceptance etc

    As one of my buddies keeps saying – “Personal integrity is the world’s scarcest commodity” and that really is the root of the problem here. Guys like Cramer and Fartstein are the reason this world is the way it is. There is nothing wrong with believing a stock will drop based on fundamentals, it’s the underhand tactics you guys use to FORCE it to drop that is the problem, bulldozing any bullish catalysts out of your way. You arent interested in fundamentals - Cramer said it in the interview himself. You are a bunch of cheats essentially with zero personal integrity who care about nothing other than your greedy selves. Each to their own, we all get our comeuppance in the end.

    You say above that you "don't advocate market manipulation at all" but yet you sponsor it wholely with your actions. Bit of a contradiction there.
    Apr 25, 2013. 02:39 AM | 4 Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    I've spent the day getting to the bottom of what game clowns like you and Fartstein are playing. It's all becoming crystal clear to me. I've traded this stock for over 6 years and know it inside out. With the fundamentals so strong for Amarin now and the share price an insanely low $6.65 - EXACTLY the same as it was 17 months ago before Marine was approved, patents granted, the supply of API was sewn up (watch for the BASF sNDA approval next), Anchor sNDA accepted for filing, REDUCE-IT outcomes study substantially underway, Vascepa sales etc - it becomes obvious there is more going on with the current share price than meets the eye.

    This piece is from here:

    http://bit.ly/pP2qMu

    "Media assault — The shorts, in order to realize their profit, must ultimately purchase real shares at a price much cheaper than what they shorted at. These real shares come from the investing public who panics and sells into the manipulation. Panic is induced with assistance from the financial media.

    The shorts have “friendly” reporters with the Dow Jones News Agency, the Wall Street Journal, Barrons, the New York Times, Gannett Publications (USA Today and the Arizona Republic), CNBC and others. The common thread: A number of the “friendly” reporters worked for The Street.com, an Internet advisory service that hedge-fund managers David Rocker and Jim Cramer owned. This alumni association supported the short attack by producing slanted, libelous, innuendo laden stories that disparaged the company, as it was being crashed.

    One of the more outrageous stories was a front-page story in USA Today during a short crash of TASER's stock price in June 2005. The story was almost a full page and the reporter concluded that TASER's electrical jolt was the same as an electric chair — proof positive that TASERs did indeed kill innocent people. To reach that conclusion the reporter over estimated the TASER's amperage by a factor of one million times. This “mistake” was made despite a detailed technical briefing by TASER to seven USA Today editors two weeks prior to the story. The explanation “Due to a mathematical error” appeared three days later — after the damage was done to the stock price.

    Jim Cramer, in a video-taped interview with The Street.com, best described the media function:

    When (shorting) ... The hedge fund mode is to not do anything remotely truthful, because the truth is so against your view, (so the hedge funds) create a new 'truth' that is development of the fiction you hit the brokerage houses with a series of orders (a short down ladder that pushes the price down), then we go to the press. You have a vicious cycle down — it's a pretty good game.

    This interview, which is more like a confession, was never supposed to get on the air, however, it somehow ended up on YouTube. Cramer and The Street.com have made repeated efforts, with some success, to get it taken off of YouTube."
    Apr 24, 2013. 04:13 AM | 3 Likes Like |Link to Comment
  • Amarin Set To Go After Expanded TG Market In Q4 2013!  [View instapost]
    People like Steve offer invaluable commentary on stocks like Amarin because he has no agenda unlike the short sellers. He is long based on the highly attractive fundamentals staring him in the face because he has done his homework. He acknowledges informed critique and intellegent bearish arguments (unlike the likes of Fartstein, Quoth the Ass Monkey etc) but the fact remains that the bullish arguments far outweigh any bearish one at this stage. Shorts are fast running out of ammunition now and the combo data by the end of June and/or NCE determination will be the beginning of the end of the short stranglehold.
    Apr 24, 2013. 02:50 AM | 5 Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    The fundamentals are all anyone need concern themselves with regarding Amarin and their future.

    Since the acceptance for filing of amr101 for the Marine NDA on November 25th, 2011, when the stock as trading at $6.65, those fundamentals have gotten substantially better. 17 months later upon acceptance of the sNDA the stock closes at what price? $6.65. You have to laugh. (Actually, $6.66 After hours - Hell's Bells!! Run for cover y'all!!)

    The shorts have had a tight stranglehold on Amarin but it's starting to weaken as the articles from the likes of Fartstein and yourself get increasingly more pathetic as the months role by and longs like myself who are new to the game you are playing wisen up to the game you are playing.

    Have a read of this:

    http://bit.ly/Y31j3p

    The comments section is brilliant and will tell you all you need to know about the amount of personal integrity the like of yourself and Fartstein are operating with. He's not an idiot as I previously suspected, he know's damn well what he is doing. What he is is a morally corrupt low life with zero integrity. How you guy's can sleep at night is beyond me but we all have free will so do as you please.
    Apr 24, 2013. 02:37 AM | 3 Likes Like |Link to Comment
  • Amarin Set To Go After Expanded TG Market In Q4 2013!  [View instapost]
    The fundamentals is all anyone need concern themselves with regarding Amarin and their future. Since the acceptance for filing of amr101 for the Marine NDA on November 25th, 2011, when the stock as trading at $6.65, those fundamentals have gotten substantially better. 17 months later upon acceptance of the sNDA the stock closes at what price? $6.65. You have to laugh. The shorts have had a tight stranglehold on Amarin but it's starting to weaken as the articles from the likes of Fartstein and that Quoth the Raven clown get increasingly more pathetic as the months role by.

    Have a read of this:

    http://bit.ly/Y31j3p

    The comments section is brilliant and will tell you all you need to know about the amount of personal integrity the like of Fartstein is operating with. He's not an idiot as I previously suspected, he know's damn well what he is doing. What he is is a morally corrupt low life with zero integrity.
    Apr 24, 2013. 02:25 AM | 5 Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    Yes, it's all down to the mighty intellectual reasoning and penmanship of yourself and Fartstain spooking the longs into selling.

    The more I read the drivel the likes of yourself and Fartstein spurt the more im certain you are paid to write what you write -particularly Fartstain. No-one can follow a company as closely as you pair follow Amarin and logically conclude at this stage that its anything other than a strong buy and hold. You are playing a game. You dont engage in constructive discussion with anyone who challenges your articles because you dont care - you know damn well your article is drivel so why waste your time?
    Apr 23, 2013. 10:33 AM | 3 Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    It is in my head and you know who im talking about so thats all that matters. What's your real name Quoth? Why dont you use it? Is there a reason you want to remain anonymous? Who are you serving?
    Apr 23, 2013. 10:17 AM | Likes Like |Link to Comment
  • Why I'm Adding To My Amarin Short Position  [View article]
    Pathetic article. You and Fartstain seriously need your heads examined.

    I just had a look back and the NDA for the Marine indication and it was accepted for review November 25th, 2011 with a PDUFA of July 26th, 2012 - 8 months. Stock went from around $6.65 - $15.30 in that 8 month run up to the PDUFA date.

    The stock closed $6.85 yesterday. The PDUFA date for the Anchor sNDA is 20th December - again, 8 months.

    With nice steady sales over the coming few months for the current approved Marine indication, a possible determination on NCE, combo data for Vascepa and Statin by June 30th, additional patents granted along with Amarin locking up the supply chain and throwing away the key, you would need to be stark raving bonkers to short this stock now.

    If they get granted NCE during the next 6 months i'd be very surprised if Amarin wasn't bought out before the PDUFA date is even reached.

    You are seeing the end of the Amarin discounted sale price here folks. Last chance to load up because the big boys are moving in soon.
    Apr 23, 2013. 08:43 AM | 5 Likes Like |Link to Comment
  • Amarin Q4 Call Leaves A Fishy Taste In My Mouth  [View article]
    who are you serving alex?
    Mar 1, 2013. 03:01 PM | Likes Like |Link to Comment
  • Amarin Q4 Call Leaves A Fishy Taste In My Mouth  [View article]
    why would you be expecting an angry response if your articlicle was completely balanced and devoid of horseshit analysis? answer me that oh wise ones.............
    Mar 1, 2013. 02:58 PM | Likes Like |Link to Comment
  • The Price May Be Increasing For An Amarin Buyout  [View article]
    Steve has already outlined why a buyout hasnt happened yet in a post above. No buyout can happen until NCE has been determined one way or t'other - something to do with the fact Amarin is only a small company with a tiny pipeline. Joe Z has also already said NCE is an overhang.

    Gobshites like Fartstein never acknowledge this because he has a personal grudge/agenda with Amarin longs. Just ignore him, he's simply a waste of space.

    My hope now is for NCE determination in February and then a bidding war between Pfizer, GSK and whoever else wants to join the party.
    Jan 15, 2013. 03:21 AM | 2 Likes Like |Link to Comment
  • The Price May Be Increasing For An Amarin Buyout  [View article]
    It dawned on me recently after Pfizer raised $10 Billion that this is Pfizer's drug and has been since the appointment of Declan Doogan way back. Everything Amarin have done along the way screams of being a pro job, masterminded by big brother Pfizer. The cash is now in place for a buyout. The ONLY thing holding up the takeout is the NCE overhang.
    Jan 11, 2013. 03:15 AM | 5 Likes Like |Link to Comment
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