InvestorsHub Logo
Followers 3
Posts 190
Boards Moderated 0
Alias Born 05/16/2013

Re: None

Saturday, 06/13/2015 12:09:35 AM

Saturday, June 13, 2015 12:09:35 AM

Post# of 426565
HD, You deserve a break here. From what I can tell, most every other poster believes the FDA illegally rescinded the SPA. You don't. The fact is, the legality of the FDA's action will always be debatable until it goes to a court of law. Only until that time will a judge rule on whether the rationale used by the FDA confirms to law or not. You make FDA's argument a very logical one, however it may be possible for a judge to consider their rationale faulty. Perhaps Congress did not direct the FDA properly, and the FDA is free to interpret SPA options in a bit of a vacuum. Most of us believe that if it came to the courtroom, AMRN would have more than one argument against FDA's rationale/interpretation of statute. However - unless AMRN cares to file suit, we will never know if the FDA's actions were legal or not. So while I may disagree wholeheartedly with you, as others here do, I cannot say you are wrong. It's lawful until proven otherwise in court.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News