Replies to post #137193 on Amarin Corp Plc (AMRN)

[me33]

FFS,
If we assume for a minute that your theory is correct and a word got out that RI is doomed. Why the selling stopped then? Why the stock doesn't continue to hit new lows as the rumor spreads out and more people become aware of what's coming?
The answer is nobody knows anything. Fear of unknown and lock of knowledge drove the stock price down. From what I can tell majority of investors see a chance of RI success as 50/50. I see it at ~85%. Therefore I remain invested and see this binary gamble as a risk worth taking.
The resolution is approaching fast. We are weeks if not days away from it.

[ziploc_1]

FFS:....."Amarin failed to meet efficacy and/or conditions sufficient to halt at two separate interims"

We don't know that..... but what we do know is that that Dr. Bhatt,who is an advocate for studies going to completion, is the lead investigator for R-IT.....He was also the lead investigator for Cantos, which went to completion after 6 years and was successful at the completion.....In retrospect, I believe that management never really thought R-IT would be ended early and they consistently announced a very threshold for ending the study at either IA, nor did they really want that result after having been screwed at the Adcom.....They wanted a non-assailable result.

[north40000]

Show us your “calculations” that somehow enable you to quantify the number values/percentages recited in the last paragraph of your post.