Amarin Corp Plc (AMRN)

[north40000]

Yeah....now draw a line that shows the higher lows in latest days/weeks on right hand side of graph, and see that wedge that is forming...that is the 8th argument IMO. Some volume( like we have seen last fall) will enable share price to escape the trap you have laid with points 1-7 of your arguments. That volume---today, or how about tomorrow or Tuesday? We think we know some word from FDA is due, eh?

What none of us know are the elements that are subject to negotiation forming the elements of a PR giving rise to that volume.... 1) tariff/trade re China issue seems to remain unsettled, controlling general market direction, taking IBB and AMRN along with it; 2) few here expect a surprise announcement/PR from FDA or AMRN re results of the new, expanded label negotiation( and/or FDA approval) that likely has been occurring since 1st of April. Being an optimist, I would not be surprised to see such a PR. The graph of share price driven by volume might look like this:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148941231

3) a TO or BO by a 3rd party is always possible. I'll leave that element alone for now.