Amarin Corp Plc (AMRN)

[KCSVEN]

No compelling reason to buy is subjective, the stock is at lows it has not seen in awhile so if you a long term investor or want to make gains long term for tax purposes it's a good time to buy, is it a bottom? Might not be but then timing a bottom is hard.

Is the company a good value at current prices(50% below Lovaza BO price)? If you conclude it's a good value ten it's a compelling reason to buy.

If you wait for news to buy it's probably a gap up...What if NCE news comes July? Gap up and you likely missed $2 in profit...now it's a timing game

Odds of sales continuing to increase-almost 100% with refills
Odds of Anchor approval-close to 100%
Odds of partnership for Anchor-Close to 100% just a queston as to how favorable the terms
Odds of NCE approval-Pretty High

Downside catalysts-There may not be substantial news until October, that's pretty much it, so 3 months maximum for shorts before news pushes more institutional investments into AMRN with more concrete news for the to buy in on.