Amarin Corp Plc (AMRN)

[couldbebetter]

Flounderguy, I am looking at a few calls, all of which expire before year end. I hope I am wrong, but even if we get a breakout soon, I see it ultimately falling back to under $3.50 before year end. With Reduce-It results at the earliest April 1, 2018 the stock should start to move around March. So even if I lose stock at 3.5 or 4 on the sale of a covered call there will be time to buy it back from Jan- March. I do not view TA as being predictive, but more as a roadmap to explain where you are at, and not where you are going but where you might be going. My price "guesses" are we hit over $5.00 before R-I results are announced, Really good results may push us over $10.00, and takeover speculation could get us back to $15. At that point our market cap would be $6 billion, implying revenues of $1-2 billion. I have to think that BP is following this closely and will be over R-I results from many angles.