Amarin Corp Plc (AMRN)

[tmac20]

Oh the glory days - remember the runup we had prior to the trial results? Now that was an impressive runup - wait, what? Oh yea, there was no runup at all so why should this be any different? It won't, Wall St. is too focused on glomming onto the stock du jours and IPOs that keep coming out. For the most part, they rely on trading algorithms and don't have the time or dedication to actually go out and research stocks. I predict we tread water until the AdCom and even with a positive AdCom it will ramp slowly. It may take a couple quarters for Amarin to explode the sales but one thing is for sure - they have made the investment in 800 repeat 800! sales reps to cover these doctors like Russian radiation once the label gets expanded. I would even say that if the AdCom goes south and they don't get the label this stock is still a buy at 14 bucks. They could easily turn a decent profit without label expansion. And then comes the dividends - I digress …..