Replies to post #143336 on Amarin Corp Plc (AMRN)

[james murphy]

Don't Agree ME that anyone buying call options in Sept should have known better.Some of the top science people who I follow were calling after news conference aug 31st that it was going to happen Sept 5th and even bio who really is of great benefit to the board thought that BP were going to leave their families on Labour weekend to have meetings and make huge offers after labour weekend ,so the board was buzzing and people bought options,that is what makes the market work, greed and fear and people didn't want to be sitting on the fence.They hopefully will get it back and if they don't all longs on the board will join them in a few days.

[jfmcrr]

Anyone who was buying call options that expire in September should have known that was a big gamble as the company clearly stated "by the end of September". IMO smart investors who wanted to play RI results and subsequent run up in share price purchased Jan 19 call options.

Yo and the hard way bets on the crap table pay well, but there are less expensive bets to play. My GAWD!!! With the track record the stock has, who wants to make bets that they can get across the 8 lane freeway blindfolded at dusk on Friday? The bet for half the return at 4:00AM Sunday morning is a better way to go.

The $2 Jan 19's didn't cost pennies, but on a good Reduce It you can exercise them anytime in the next 3 months plus.