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No, it's still there.
Amarin has 1A win. That should be enough to get things going. Label update from FDA will take some time.
Interesting conversation on cafepharma by potential Amarin reps.
"I had a phone screen today with the recruiter and was told interviews will take place week of 9/10 in various locations. Offers out by 9/21 and start date of 10/8. Did not know salary range they were offering however they did say fleet vehicle will be provided."
"$65-72K base, $36,400 bonus target-no cap
No fleet vehicles
Car allowance $480-$600 depending on cost of living in your territory/zip code.
.23-.28 cent mileage depending on cost of fuel in your territory.
401K matches .50cent per dollar up to 4% of salary
Option to purchase stock
Equity in Amarin
18 pto
10 holidays
240 reps to be hired IF new indication is achieved by 10/1/18"
http://www.cafepharma.com/boards/threads/expansion.626462/
This guy is a complete scam. Not even sure how's he allowed to spam here and on stocktwits.
https://www.valforex.com/2017/09/clay-trader-is-scam-clay-trader-details-in-this-review.html
Yes, they do update corporate presentation on a monthly basis.
Please go away already and take your 30min interval charts with you if you know what I mean.
No, it's not. Here is the process.
- The DB is unlocked.
- Amarin representatives with outside experts analyze the data for safety and efficacy.
- The team agrees on results and submits them to JT.
- JT issues a PR (within 4 days).
Raf,
I suggest you pay attention to what JT states so you don't need to speculate.
From Q1 ER CC.
"After this special electronic key is removed from its secure location and added to sort the final lock database. A small number of representatives from Amarin and its advisors will conduct the efficacy and safety analysis of the results. Including analysis of the trial's primary endpoint of primary MACE events in the study.
As soon as this initial group of representative conclude that the top line results of the study are understood, they will let me know. Promptly thereafter we intend to inform the world, through a press release."
Not true. The clock starts ticking when JT receives results from the team of experts, not when the DB is locked.
And when was the last time they released updated presentation on a weekend or holiday?
Don't you guys find it odd they posted updated presentation on a holiday when the office is closed.
Somebody is working.
Lots of scepticism out there. No doubt about it.
It was clear from JT's remarks data unlock and results analysis won't be done at Amarin's HQ.
Good point.
If there's any action it will be in their Jersey office.
I guess we're not the only ones anticipating possible PR on Tuesday.
"the company might burn the midnight oil over the long holiday weekend in order to roll out a top-line readout next week."
https://financhill.com/blog/uncategorized/3-biotech-stocks-that-could-soar-next-week/
IMO PR is possible on Monday with a call info for Tuesday morning.
If you go by stock trading pattern RI has few more years to go...
Don't get arrested. lol
Of course not. SEC doesn't care if brokers lose money.
Brokerage firms like Ameritrade probably keep an eye on binary events and restrict margin borrowing ahead of major binary events that might significantly impact the stock price. That's how they limit their exposure.
I think it's smart on their part.
How about another contest.
Probability of Top Line results the
week of 9/3
week of 9/10
week of 9/17
week of 9/24
I would say
50%
40%
5%
5%
Are you drunk? lol
I'm 80% confident the PE RRR will be between 15% and 25%.
GLTA
Check stocktwits. Someone posted scripts there.
Fidelity has this requirement on AMRN shares for a while now.
If necessary. Of course!
That's why if I were JT I would do the following.
Get the group together today.
Take away their cellphones, laptops, etc. Lock them in a room and unlock the data. Nobody is allowed to leave the building until let say 6pm.
This way they will have 4 full days to analyze the results and draft a PR. That should be enough time and it will allow to eliminate any potential leaks that might impact the sp.
Raf,
I suggest you review Q2 ER CC. JT went over the process in details.
- DB unlocked
- Group of experts including Amarin representatives will review the data.
- When everyone agrees that the results are understood. Results will be delivered to JT.
- JT will deliver results to the world.
The earliest we get announcement is Saturday morning but Tuesday pm is more likely IMO.
Not Lovaza but generic Lovaza. That's a big difference. Insurances assign higher tier to generic drugs by default because they are generally much cheaper than branded versions.
We won't open anywhere near $20. We're lucky if we trade in low teens on V day. Getting to $20 will take some time. Hopefully in a few months.
I like your new thinking better. lol
JT clearly stated everything will be ready for data lock by the end of August. Data analysis for the top line results won't require much time. Everything is computerized these days. I would be shocked in we don't get a PR with results in the next two weeks. Perhaps on Tuesday morning.
I love TA but hate BS.
Who said it matters? Just having a conversation.
ASCEND leak? lol
Anyway I think you made a right move. 2.78 is an excellent entry.
But how about TA? I thought you are not going to buy until it moves above 3.15. What changed? Was the leak cancelled?
"we"? Are you back in?
I agree. Based on JT's remarks I don't see this going beyond 2nd week of September.
I agree. Reasonable size dilution will cause a minor pull back but the stock will recover quickly and move much higher eventually as the dilution overhang will be removed and plenty on exciting stuff still ahead.