Amarin Corp Plc (AMRN)

[KCSVEN]

It's not logical that a stock that has gone steadily from 15 to 5 has much left in accounts that is being held in margin.

The Main stock market is due for a ST correction(5% from recent high maybe) so expect August to be rough, but the market will turn sometime September/October and head higher again.

With market sentiment likely negative for August AMRN will have tough time moving forward without news of its own to push stock up. Earnings/scripts maybe....?

I'm getting closer to adding, sent the money I've been holding since December to my brokerage today. May wait for 2Q CC in early August to put into play but may sell some OTM PUTS before then, we shall see but bottom, if not now will be in within next 30-60 days barring large news events.

September to January should be the turning point for AMRN's trend.