You want to know why stock dropped on this news just read this board. Sheeesh.
My opinion:
1) Adcom will be positive for Amarin, expects unanimous vote but say 80% chance since there is always that 1 person...
2) Approval of label with no min. on cholesterol #'s-I'm as close to 100% on that now as I can be, have done alot of DD the last few days reaching out quite a bit, I personally thought we get a label with min LDL or Trigs or some limit that would be viewed somewhat negatively but I've been convinced otherwise.
3) January comes around there will be a lot of smiling faces from people on this board.
4) The fact there is so much panicking here is a direct reflection on the market price of Amarin. A delay is not good news but this is ridiculous nervousness, RELAX, Don't Worry, Be Happy.
5) Stock will be break recent highs in January, hopefully people that invested so much time and effort will stick around for the reward.
6) Am I weird that I feel no panic, no concern in the slightest on the stock price or any doubts at the end outcome? If stock goes to $3 it hurts me but perhaps the fact it does not become life altering helps, I guess, but it's not like I want to lose a lot of money but I think I've done the DD, I've looked at all sides, I've heard form some people knowing a lot more than me and I think that makes a big difference.
7)Market is being really dumb with its current price for Amarin
8) Wish Adcom was tomorrow, really looking forward to this as it is end game for the shorts. 94 Days to go...ignore the noise in the meantime, add if you can.
