Amarin Corp Plc (AMRN)

[KCSVEN]

Not sure, there was a bio stock recently ran the few days before Adcom after release of docs, Adcom was positive and then just flat-lined as the docs already gave it away. We do have EVAPORATE next week as a follow up however and a large short interest(with today's volume and possible calls they had not sure how much it matters) but if we run today and a bit tomorrow Friday may see profit taking or sideways move even with unanimous Adcom, I suppose if FDA hints at limiting label we could see it down.

Very curious how it reacts Friday but EVAP results next week should give it some stability, hoping we never see the teens again with this stock! I said the same think when it hit yearly high earlier though.

Still be glad when we are past the Adcom but very reassuring that FDA is indicating expanded label, all that's left is the actual details of that population.