Amarin Corp Plc (AMRN)

[VuBru]

BaaBaa -
FWIW - My guess is that the individuals or institutions who have been manipulating the stock between $3 - 3.50 for repeated small gains (the lather, rinse, repeat cycle that has happened repeatedly over the past 6 months) are going to stop doing this. The closer we get to June (3 months post announcement of 80% target being reached), which I see as the earliest that we may learn something about R-It results, the more risky short bets become. No one knows exactly when the 80% IA DMC decision will come or what it will be, and the risk of betting wrong could be huge. In the absence of manipulation (or any new news), I would think we might see smaller fluctuations with a slight upward trend in the near term, and then when we get to late April-May, a significant ramp up. Looking back at the time before the 60% IA, it looks like the 1st amendment win announcement was at the beginning of March 2016, with no major impact on the PPS. However, between the end of March and August the PPS went from $1.43 to $3.32, with the only "news" being the pending 60% IA results. I do not expect a >100% PPS increase again for the 80%, but I think $4-$5 is totally realistic. Unless the broader market is tanking badly during this time frame, I would be very surprised given history if it does not reach at least mid-4's. I think the "squeeze" pattern that FFS has talked about in his charts may be reflecting the reduced manipulation, and the PPS is now more free to float wherever it's going to.