FDA Plays

[oldberkeley]

AMRN: Great trade, congrats.

This is going to be all over the place today, tomorrow, probably the rest of the week. You, me, everyone else who sold this morning might have been able to make a few more bucks, but every single rule of trading—not to mention common sense—says to book this kind of gain. I’m just delighted.

I think that a buyout is inevitable. I’m going to be watching this one very carefully in the next week or so; once things settle down and some kind of reasonably solid base forms, I’m jumping back in.