Replies to post #377948 on Amarin Corp Plc (AMRN)

[iwanderer]

cbb I'm glad you're enjoying my wandering LOL! Here's my take. I do not anticipate seeing a new 52-week low but one may get lucky to get SOME in the $1.20+ range. It was my "wishing" price to close my short b4 the BOD news :=). Well! You win some and you lose some. GLTU!

[Whalatane]

80% probability you have seen the bottom at the recent $1.1
Why ?
Cos thats when FFS was predicting a 1929 crash , poster Always said our situation was hopeless and general market sentiment as per CNN fear and Greed index was recording a reading of around 6 .....extreme fear last seen at the 2020 low.

20% that FFS et al are right... if Russia blocks gas exports to the EU ( and triggers a very severe recession ) , fires off a mini nuke , China extends / expands Covid shut downs etc ...ie macro events .
And if AMRN brand V sales plummet in the US and they dont control their spending.

At a certain pt the market becomes forward looking
UK decision on reimbursement published July 20th etc .
MITIGATE results

Kiwi