I don't think so unless something major happens(negative) either in the overall market, IBB or with this company. It has touched $1.50 3 times over the past week and didn't go below. I think it had its chance and will start to go back up. Scripts growing, coupled with time to interim shrinking, should keep this stock moving North.
Whatever..... and if it does are you going to go screaming to mommy and want a hug? If it does go below $1.50, I'll be loading up the truck. Selling my Grandkids, calling my cousin Vinny for a loan... etc. to buy more Amarin stock.