InvestorsHub Logo
Followers 237
Posts 10817
Boards Moderated 0
Alias Born 07/17/2006

Re: biowreck post# 160196

Friday, 11/16/2018 8:48:54 PM

Friday, November 16, 2018 8:48:54 PM

Post# of 426487
biowreck,,,

Quote: "so is the MO concern by some an issue for the FDA? Do we get the expanded label once sNDA is submitted? I don’t trust the FDA...and if they failed us.."

I don't know what FDA will decide regarding the sNDA...I am not in the camp which believes FDA is out to get Amarin..However Dew made some mention of the history between FDA and Amarin...

I am more concerned about the market itself..Regardless how those who disagree with my opinion seek to discredit me..and silence me. ...The stock has so far failed to award the PPS that we should be expecting after trial results that are heralded as spectacular and game changing.

We are trading lower than we were before the results were announced..I am convinced in the absence of other bad news that this is related to the MO issue...Do I personally think there is anything to the MO issue?..No I don't...But I don't have 20 mil shares to go up against an army of Bears that are encouraged by the fact the issue is not being explained in scientific terms and are using the "perception" of uncertainty to bring the stock down..

My concerns are not in the far off meeting with FDA or scripts...What I saw earlier in the week was that Amarin was not able to defend its PPS very strongly (greater than a 40% drop from the highs..)...And what I see is the traders also took note of that and I expect they repeat their actions since they seemed very effective...Most of the longs in this stock are heavily invested and don't have a lot of ammo left...

I am worried and no amount of someone telling me to shut up is going to change my mind...

":>) JL
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News