Amarin Corp Plc (AMRN)

[KCSVEN]

It was publicly stated many times that large AMRN investors expected the stock to drop to $8 if GIA, add to that the NCE delay and the short interest and getting another buck plus lower 6 months after that is not unreasonable.

Seems revisionist history to say Nobody expected a drop like this when it was publicly out there on several websites, on several message boards that if GIA would go to $8.

Once NCE was delayed no chance at BO and then launching in Marine meant no BO since sales would never justify the premium.

Thus we are at the point where a partnership for Anchor that turns into a BO down the road is the play. Some time the next 6 month we should get some news on partnership and then launch Anchor.

Until we see NCE progress or Anchor progress not much reason for WS to start the run up so day traders will play the range and trends but this price area is not unexpected with GIA.