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Anyone else load up at this PPS? Seems like a pretty decent entry since insiders bought at $6 just recently.
That was enough to convince me to enter yesterday. Adding the Opera software to Roamio could really be big. Looks like exciting times ahead.
What makes me sore is that I didn't buy more shares at $5.12. Long and strong at 28K cheepies and going to buy a yaught when she pops.
Good morning Chica! We'll see when the time comes.
Every dog has his day. I think we will see $10 by ADCOM unless there is a BO, then $25 to $35. ANCHOR is 10X MARINE and we have REDUCE IT in the wings.
zoobuffdoc, You just confirmed the reasons why I bought this. The PPS has been manipulated down in a very big way and while those that have held since $17 are feeling lots of pain, the manipulation has benefited those like meseilf that just bought in. Persoanally, I think it is a lottery ticket and while I only have 5,000 shares at this point I'm certain for at least a double by ADCOM.
Here you go!
http://stks.co/ihI9
That would be very nice!
Thanks BiotechWill for all your level headed contributions here. I hope he sells this morning so I can buy them. Last call under $6.
Crawl back to $6 by end of Thursday leading up to earnings CC? I think so.
Heard it's a great time to take a short position on this. Looks like it's way overpriced at these levels.
I hope not. I would have to pimp myself out if it got that low and I lost that mush $. Wouldn't make much though because Im old, fat, and ugly!
It will double after it rises to $15. Won't be such a premium at that point. The PPS has been heavily maniputaed by the powers in an attempt to accumulate shares. They will let her rip real soon IMO.
I think it will be bot for $30 if ANCHOR is approved. BP has lots of cash and know the potential. This puppy is a slam dunk.
Well, there you go again!
Makes for a great buying opportunity. Buy low, sell high!
Mr. MM, tear down this wall! Ha Ha. Loved the guy like a father. Bought and sold AMRN a few times over the past few months without doing a lot of DD but after witching it dropr to $5.60 I did a quick study and bought a pretty fair amount. I think I really have something on this one and will be real suprised if we are not up at least 50% by ADCOM.
They have till 08/07 to buy them. I anticipate that they will. I would buy them all if I had the funds available. Guess I need to sell some more insurance which is my real job.
I guess we will find out next week. I'm sure there will be some guidence given and some talk about the patent approvals, maybe even some discussions about ANCHOR partnering. There seems to be an aligning of the stars with AMRN which could catapult this up real quickly.
Shorts have done pretty well on this over the past few month for sure. I'm just saying that it is not such a good time to be short right now with all of the catalysts coming up that could send this north in no time flat. I think we will see $6 again by Thursday or Friday leading up to the earnings CC. Management has been too quiet as of late and I think they are saving up the news for the CC.
Short intrest down quite a bit. Love to see a positive PR to really get them covering. Around 22M shares short could cause quite a squeeze play here at these levels. I think we will see a lot of covering and a lot of buying over the next 30 days leading up to the October ADCOM. ANCHOR has a more probablility of approval than not, so there should be some strong intrest in the short run. I think it started last Friday.
If ANCHOR is approved, they will be able to afford to GIA. I can't see anything wrong with that if they have the bucks rolling in from ANCHOR sales which could be a huge amount of revenue. Even if they have to raise additional capital to GIA, that might be more profitable than partnering in the long run.
I don't think you have any worries here with AMRN. I feel pretty good about it and threw a chunk at it. I've been wrong before though. Let's trade notes in January.
Yes, it certainly is fun trading. Maybe take half of your investment and put it in some long term idaeas and use the other half to day trade to satisfy our gambling addictions.
Agree 100%. The turtle always wins the race in the end. Slow and steady.
I don't think they would accept a $15 offer. ANCHOR has 10X the market potential than MARINE does and MARINE's main competitor sells 1B per year and it is an inferior drug. Manipulation of this stock has presented a very good opportunity to load up on cheepies IMO. I think if ANCHOR gets approved and sales start coming in strong, BP will be fighting for it for $25 or more.
Agree 100%. Patience is hard to come by with a lot of traders. Most want to hit the big jackpot overnight, but those who are patient can be rewarded. I flipped JAZZ at a 50% gain when I sold at $2.25 and it's at $74 now. If if's and but's were candy and nuts, we would all have a merry Christmas!
FDA approved product that's better than the competition that does over 1B in annual sales, ANCHOR FDA decision in the wings that has a potential 10X market than MARINE, patents issued, BP starving for new products, etc. etc. Look for a buyout prior to FDA meetings in my opinion. The market potential of 10B annual sales makes this worth a whole lot of buckaroos. Can't understand why the PPS is where it is right now but it is working to our benefit to accumulate more shares. This could be a 5 to 6 bagger easily.
Interesting. Maybe AMRN next?
If I were short on this stock, I would cover first thing Monday morning. The August conference call will provide for some answers that longs have been waiting for. I see the pps rising over the next week leading up to the CC. Management will certainly guide forward and make mention of the patents that were allowed. We will probably see $9 leading up to the advisory board meeting in October and if all looks good from there, a steady rise to $12 leading up the the December decision date. If V is approved by the FDA for the lower indications, I see it spiking to $25 because BP will be tripping over themselves trying to get cuddly with AMRN.This coould be a $5B to $10B annual sales drug so do the math.
Some interesting reading for everyone today.
http://www.fiercepharmamanufacturing.com/story/fmc-spends-345m-epax-omega-3-plants/2013-07-25
Jesse, well said. It's just a matter of time before we start to see a run up. Sales are increasing steadily, and we have a NDA application sitting out there that has a "very strong" probability of approval. I still think they are in talks with BP for a BO or a partnership and I think it may happen before the FDA decision date.
I've always been a contrarian. Seen it happen many times when the analysts downgrade just so they and their friends can buy low. Always sell when they upgrade because that's when they are selling.
Same reason I jumped in this week. Thinking about taking out a second mortgage and pimping myself out so I can buy more. Wouldn't make much on the latter though because I'm old, fat, and ugly.
Just gotta know when to buy and when to sell. The time to sell was at $19 and the time to buy is now. I'll hold till either the Dec FDA meeting and cash in my big chips then, or earlier if BP jumps into the race which is highly likely. Good luck though with whatever you are trying to accomplish.
Seriously think the bottom has already been put in. Lot's of catalysts ahead to look forwrd to in August, October, and December. Probably a very good time for shorts to take their profis by covering and to go long. I think we will see the $5.60's at close today, maybe higher.
I'm right ther with you brother. I look at this manipulation as an opportunity to buy more. In it for an average of $5.57 and wouldn't mind if it dropped back down to $5 as I look at it as an opportunity to accumulate more. You know it, and I know it, that this is heading in a northerly direction in the next 30 days leading uo to a most probable approval.If Anchor is approved, BP will be tripping over themselved to get a deal put together.
Could you guys take that over to the ARNA VVUS board plaese?
I am quite certain that we will!
I think we all know what the TRUTH is. I'll be buying more first thing Monday morning when my transfer hits at any level below $6.
I think peeps will be chasing this at $10 or more before the December FDA decision. I'll mark your post and we'll see who is correct. I'm certain it will be me.