Amarin Corp Plc (AMRN)

[sts66]

Stock has been trading between $1.40 and $1.80 for > 4 months - what does yesterday's drop of a nickel tell you? To me, nothing, volume is low, just HFT nicking fractions of pennies from each other, and no real news to move the price one way or another until Jenkins issues his decision on the SPA.

Yeah, I know AMRN blew their chance to compromise, but that still doesn't mean the FDA is going to get away with the crap they pulled, especially since they PO'd PFE in their NCE decision too, again disregarding guidelines. You think PFE ain't leaning on Senators and Congress with every lobbyist they have right now? That decision directly impacts us too, same situation (almost).

IMO the "path to R-IT" is clear, but the results are not guaranteed - science would indicate it should be a clear positive result, but we won't know for sure until we see the data. We all have a lot of dead money right now, and likely for at least another year, year and a half, unless NCE and/or SPA is reversed. I can wait, don't really have a choice, not going to turn paper losses into real ones when the odds of the bet paying off are better than 50:50. Patience pays off - I bought another stock several years ago, at least a year before I ever heard of AMRN, went into the red almost right away and stayed red, but over the last 2 quarters the company has done a 180 and as of yesterday I'm now up 50% - gains I would have lost had I been impatient.