Amarin Corp Plc (AMRN)

[heysfguy]

Hopeful Thoughts for the 4th of July weekend:

Here are good reasons to believe AMRN is making significant headway on several fronts and will continue to pull it together as a successful entity (and feel free to add your own points)...

Improved sales and market share with no pullbacks over a significant time period

Continued hiring at upper management levels (a clear sign of confidence)

No insider purchases in a long time (imminent activities)

Significant stakes purchased by other experts (Baker Brothers)

1st A settlement includes provisions for adding revenue streams from non-CVD populations (diabetics, dry eyes, brain injuries, depression)

NCE victory (extra IP protection)

and perhaps most importantly,
double blinded trial tracking to expectations from previous studies.

From all this, I'm willing to believe that there are so many potential upside catalysts that I have added significantly to my position over the last 12 months.

I would not be surprised by early trial stoppage for effectiveness. I would not be surprised by partial stoppage in the subgroup of the trial. I would not be surprised by a new partnering agreement, or positive news on the Chinese market.

In fact, nearly all my expectations are positive at this point.

The negative potential of this company's operations diminishes with each passing week, and it would take a hugely unanticipated event to throw a monkey wrench into the machine that AMRN has built over the past couple of years, post ADCOM.

Happy Independence Day to all!