Amarin Corp Plc (AMRN)

[heysfguy]

Chas - I like your thinking and analysis - being a long, of course, I would!

In response to your thoughts about trajectory of PPS over the coming weeks and possibly months, I don't expect any really big jumps. But I do expect steady price appreciation, decrease in shorts, growing institutional accumulation.

I expect PPS will raise incrementally through much of September in expectation of DMC recommendations. In the meantime, the PPS could additionally benefit from additional bullish indicators, emanating from various sources: FDA, AMRN or even other published research (continued thanks to Zum on that topic).

But I don't expect any big gaps to appear until DMC recommendations are communicated. Barring any global headwinds, or an early announcement, I think the PPS will be about $3.40 by end of month, climbing at a slightly steeper trajectory each week into September until we get an announcement.