Amarin Corp Plc (AMRN)

[nutsyprofessor]

DeepBreath,

I bought some today and I based my decision on the following:

1) the SP is at a 3.5 year low; as a very famous banker/investor once said, buy when there's blood in the street.Because the SP is at a 3.5 year low, as long as you don't go crazy and bet the farm the downside is minimal, imo.
2) the company has a staggering $226 million in cash; for a pharmaceutical co of this size this amount of cash is unheard of. Lots of cash means lots of opportunities.
3) my own DD. From everything I've read I think Amarin has a descent chance in having the FDA reconsider the ANCHOR SPA and possibly even approve Vascepa.
4) other investors will see the same opportunity and so I believe you see buying over the next 2 weeks leading up to the Jan 15th FDA decision.

This is all imo of course but these are the factors that I used in deciding to go ahead and buy some shares today.

GL