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Correct. Officially they don't have the results yet. Otherwise they would have PRed them. However, unofficially they already know what's up as Amarin reps have been reviewing data for a 3rd week already.
So them proceeding with contingent offers is somewhat positive.
It was posted today 9/18
Looks like Amarin is making contingent offers to new reps.
http://www.cafepharma.com/boards/threads/expansion.626462/page-3
FFS,
You totally discredited yourself here. You are worse than a day trader.
JL,
I like your "leak" theses better. lol
Average daily volume for the past month 3.7mil shares. Nothing special today in terms of the volume.
I agree this is a typical yoyo play by MM. Not a leak. If bad news leaked, we would be under $2 now. No doubt.
The company already knows the results. Just send a freaking PR stating the trial met primary end point and key secondary end points. And if it did not. Oh well keep digging.
I want the resolution already.
1.7mil shares traded so far today. Average volume.
Halt with positive PR would be nice now.
No worries JT. Take your time.
His math is off. 74 events will give us only 8.78% RRR. Not good enough.
$50/share or $18bil MC. That's a lot of "fart in the wind".
Everything is good in moderation.
BB,
Do you really think they scheduled a dinner with docs in Maryland only because they know RI results are good? Come on.
What they can discuss besides RI? How about this?
http://investor.amarincorp.com/news-releases/news-release-details/real-world-data-supports-association-between-elevated-0
Because I think you are reading too much into it.
If RI fails, Marine is all what they will have left.
I'm not saying that (RI fails) is going to be the case though.
They have 1A win so technically they can discuss those things. Obviously if RI succeeds, it will be front and center of that discussion. Otherwise, it's just a promotional dinner with docs. One of many.
That's for current indication and it has nothing to do with RI.
"This program is intended for physicians (including Family Practitioners), Cardiologists, Endocrinologists, and any other prescribing HCPs involved with the diagnosis and treatment of triglyceridemia in adults, as well as non-prescribing HCPs involved with the administration of Vascepa®, such as Registered Nurses, Medical Assistants, and physician assistants. This program is not intended for Pediatricians/Neonatologists, Orthopedists, Sports Medicine, Radiologists/Oncologists, Podiatrists, Chiropractors , Dentists, Anesthesiologists, Pathologists, Ophthalmologists, Allergists, Dermatologists, Psychologists and Psychiatrists, Urologists and Support Staff."
FFS,
How about we just wait for the results. They will settle this argument once and for all.
FFS,
Found a new friend?
It looks like you have a "similar" chart for every occasion. What a flip flop...
It's #1 in IDF
Whal has no agenda. He's retired and can't afford to bet much on a single stock. Which is very understandable. Often when people can't do something for whatever reason, they tend to come up with excuses why it's not a good idea.
But overall he's obviously more bullish than bearish. Otherwise, why gamble on call options. Just watch from the sidelines.
BB,
The whole week of 9/24 is a Jewish Sukkot holiday. But there's no religious holiday on 9/17. Maybe you should consider going back to your previous guestimate which is topline results + BO announcement on 9/17. I liked it better. lol
We have only two Mondays left this month.
Unless you consider time cost of money. Spend 10 years in this position and achieve nothing in the end that would suck.
Perhaps you should be paying attention to what the CEO states.
Same freaking move over and over again. JT give us the PR already!
I don't think Japanese firm made a decision to bet $80mil on RI success on their own. Knowing that Amarin is trying to secure EPA supply, I wouldn't be surprised if Amarin convinced Japanese to make that investment.
What exactly Amarin told them? I don't know. But that was enough for them to "gamble" on $80mil investment.
Because they don't know what they are talking about.
Just go to your LinkedIn account, search for Amarin Pharmacuticals, click on "Jobs", then click on "posted within 24 hours".
FFS,
Come on man! You should know better. The current selloff on average volume is orchestrated by hedges. It won't last long.
I actually see some rather bullish signs.
- Large buys of call options the day when I think RI data was unblinded.
- Amarin confirming participation in AHA and presentation of RI data.
- Amarin keeps posting new positions.
Hopefully you get another chance to get back in before the PR is finally out.
GL!
1 on Amarin site and 7 on LinkedIn.
Amarin posted 7 new jobs.
FFS,
Everything is a red flag for you when you're scared and looking for a reason to sell.
I wouldn't mind waiting if stock was climbing. But in current situation I want resolution asap! lol
FFS,
You are beyond ridiculous at this point.
"Coordinated short attack to exit legally" - How you even come up with this BS?
Agreed. But now is the best time for them to hit hard as ppl are nervous waiting for results. I'm actually impressed the stock didn't drop much lower.
Agree 100%. I can only wish the news will be out before those sh.theds get a chance to cover.
Btw I see a nice 160k bid @2.95