Amarin Corp Plc (AMRN)

[ziploc_1]

Today was a mini view of the type of volatile market action to be expected upon release of the R-IT report.... Today the PPS spiked up to $3.75 on favorable analyst news and then tumbled 7% as the traders took their profits and began to short....In the closing .01 second, 230 K Shares of Amarin were sold..... This volatility is bound to happen again, but on a grander scale, when R-IT is stopped. The PPS will spike and then plunge intraday and go back up again in the days to follow ....However if R-IT is continued, the PPS will plummet intraday and level off in the days to follow, gradually moving up in anticipation of the study being stopped at the end of the year and being reported out in the spring .....If you are a long term investor, as most of us on this board are, just fasten your seat belts and hold on for a tumultuous ride.