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He earned thir trust.
Really?
Beetwen paypal, SpaceX, Tesla, and SolarCity Elon Mask has accomplished some truly remarkable things.
Particularly on Testla stock, I see it triple in value since it went public. Do you know how Amarin stock performed since initial public offering 20 or so years ago?
I also doubt JT is working 120 hours/week like Musk does to deliver to his investors.
Feels like Amarin is intentionally delaying RI results until after ITC ruling that is expected later this month.
Any thoughts?
According to this article
"The Federal Circuit Court of Appeals’ decision is not expected until late summer 2018."
https://www.raps.org/news-and-articles/news-articles/2018/7/update-on-the-amarin-itc-case-and-the-issues-at-st
Just accounting for unknown unknowns. Something like people in placibo arm stopped taking mineral oil and started taking fish oil supplements or better yet Omegavia EPA 500.
That's unlikely but certainly possible and will skew the results somewhat. People aren't mice. You can't control their behavior and ensure complete compliance for long 4-6 years.
No, I would not. And if I felt that way I wouldn't be invested in AMRN right now.
As I stated before I think PE RRR will be in low 20s.
Yes, it was a business decision especially considering that Amarin thought they are getting 200-500 with Anchor.
In any case I agree with HDG it's better to have 18% PE RRR in 150-500 population than 36% in 200-500.
Don't worry. The price will continue to climb higher and will rocket on RI results announcement later this month or in early September.
Are you ready to join the party before it's too late or you're still leaking?
Well I'm sure V moved these numbers lower in control arm while they either remained same or moved higher in placibo arm.
In any case having 150-200 population on label is huge.
FFS is not ready to join the party. He's still leaking...
It's even more frustrating for Amarin investors. lol
New Amarin website. They are getting ready!
https://www.amarincorp.com
I'm so ready! lol
RRR >15 only 5%? lol
If RI is successful you don't want to sell your shares for $7. That would be a major mistake.
You turned to a complete jerk.
Time is money and Amarin knows about it. Also, after all these years I'm sure they are eager to see the results.
Amarin is not going to arrange top line data release around people's holiday schedule. The results will be made public as soon as they are available.
Perhaps even tomorrow.
Can a moderator block that ClayTrader guy please?
Oneragman,
From what I see it's just a number of certain events in each group in 4-6 years time frame.
Primary Outcome Measures :
Composite endpoint of CV death, MI, stroke, coronary revascularization, and hospitalization for unstable angina. [ Time Frame: 4-6 years ]
Secondary Outcome Measures :
Incidence of additional cardiovascular events, lipid and lipoprotein levels, subgroup analyses such as: diabetics, etc. [ Time Frame: 4-6 years ]
https://clinicaltrials.gov/ct2/show/NCT01492361
Raf,
You've been quiet lately. Did you make any adjustments to your position as Kiwi suggested?
I'm with you on that.
And the headlines will be RI study fails to achieve statistical significants in PE, but showed some promising trends in certain SEs.
I can guarantee you the market is not going to like it and will punish the stock and FDA will of course has its doubts.
Amarin will be in survival mode. We don't want that. We need stat. significant PE. Period.
No, not at all. I think we'll be fine here.
Meaningful and stat significant RRR in PE is a must. Meaningful and stat significant RRR in SEs is a bonus.
For those who was wondering. Amarin will be spending $15-$20 mil on advertisement this year.
https://www.fiercepharma.com/marketing/amarin-tests-ads-for-vascepa-anticipation-positive-phase-iii-results
I have same feeling. Tutes are taking profits ahead of binary. They will re-enter if binary goes well even at higher prices.
Let's all get on a conference call! lol
100% correct.
Another possible indication:)
https://www.google.com/amp/s/www.today.com/today/amp/tdna134597
He's just playing games with you.
I actually anticipated that last dilution and sold @$4.20 from $3.08. I also didn't think there will be a stop at 2nd IA so I didn't play it. But I did sell ahead of 1st IA read out. And before that I loaded a ton at $1 and sold at $3.30 and again from $1.60 to $3.20. You need to know the company and how management thinks in order to stay ahead and correctly predict their next move.
I bought back @$3 and added a bunch under $3.
I think RI will be successful and there were no leaks just a bunch of uneducated investors fearing the unknown (RI results). As soon as results are in the share price will take off big time and will continue climbing (with random profit taking) for the months ahead until the BO materializes.
Besides BO there will be a ton of other catalysts to drive the sp, FDA approval, CVD guidelines update, presentations just to name a few.
Kiwi,
I believe in TA but not in made up stories.
FFS,
It's amazing how you can look at a chart and let your wild imagination tell stories that might even sound legit but have nothing to do with reality.
The drop started @$4.50 with dilution announcement. Not at $3.50 a month ago.
I think dilution did more damage than good, but they had to dilute to prepare for the highly unlikely worse case scenario. That's what good management does.
You have been wrong on so many calls that I'm not even sure why I still respond to your ridiculous posts.
I actually see these commercials as a waste of money. I would rather see them post RI stating something like "V can reduce your chances of dying from heart attack by xx%" vs. current "V is a pure EPA that can help reduce your very high triglycerides".
Anyway, advertisement was just an excuse to raise money before RI read out in case things go wrong. They did same exact thing prior to ADCOM and it saved the company.
Who said running commercials now was a must?
I'm thinking PE in low 20s and more impressive numbers in certain SE.
We'll find out soon.
Kiwi,
The run-up started in January and the company killed momentum by doing the secondary. That unnecessary dilution on top of insiders selling spooked both current and potential investors.
You don't need to be a TA expect to notice that the stock broke all key supports and trades at 52w low. But does it prove that RI is doomed? I don't think so. IMO fear created a unique opportunity to buy AMRN at multi-year low ahead of RI results.
Obviously nothing is garanteed. But IMO risk/reward is very favorable here.
The reasons for the stock price drop.
1. Dilution
2. Insiders selling
3. Fishy Meta Analysis on O3.
4. Risk reduction by institutions ahead of mega binary event.
That's it. No leaks. No conspiracy theories.
FFS is wrong on his "leak" speculation, just like he's been wrong on everything else including his bullish calls in the past two days.
But something tells me we'll see his volcano pictures again when RI results are out. Perhaps next week.
If your guestimate is correct all of this has already occurred expect for a PR due on Monday:)
Also, if you noticed they anticipate the Judges to rule by the end of the summer. About a month from now.