Replies to post #86281 on Amarin Corp Plc (AMRN)

[Biobillionair]

Why the stock went up Friday: The Truth and Nothing but the Truth

Clinical Trials page updated R-I to active not recruiting on 7-25-2016
Here: https://clinicaltrials.gov/ct2/show/NCT01492361?term=vascepa&rank=7

ClinicalTrials.gov Identifier:
NCT01492361
First received: December 13, 2011
Last updated: July 25, 2016
Last verified: July 2016

On Friday, 4 days after the update, you can rule out futility. Amarin would have announced a futility as a material event if they stopped enrolling. Instead, Amarin stopped enrolling and the the trial continues while the DSMC continues to evaluate the interim data.

Futility was ruled out Friday.

BB

[BioChica]

Action does not happen because the chart ordained it. Put a little thought into it. This was not a battle between shorts and longs!

[jessellivermore]

FFS...

Quote: "Does the fact that many other biotech stocks (with similar price patterns) saw the same type of short squeeze price action on the last day of the month mean that bets were also being placed that their trials will be halted? LOL.."

"LOL" is appropriate..What are you talking about? The NBI (NASDAQ biotech index) was up 1% on Friday...Amarin was up over 10%..Why don't you try telling the truth occasionally.

":>) JL