F-
First of all thx for the TA analysis and avoid any doubt: it is isn't against TA.
53% gain is nothing special for me also, due to several reason:
- it is time dependent (it was traded over $3 a year ago ...)
- the PPS of AMRN "on 9/30" will be determined by the DMC's recommendation / Co's decision. These will generate the supply and demand, not S&D will generate the news.
- Depends on the news the pps will be sub $1 (futility), short term pull-bak but an increase after that (continuation), sky-rocket (stop). All scenario are possible (with different possibility) and the pps history (before the news) will be exactly the same in all cases.
Best,
G