Replies to post #384760 on Amarin Corp Plc (AMRN)

[BobWayne]

I think that is a quandary for all of us!

[ziploc_1]

Capt...Interesting dilemma...As we all know, the market reacts to good news with greed and to bad news with fear...In both instance, the market usually over-reacts and then corrects.

If the market has over-reacted to good news, sell some shares and then buy back at a lower price

If the market has over-reacted to bad news, buy some shares and sell at a higher price

In order to make this work, you have to know a lot about your stock so you can fully interpret the importance of the good news and the bad news. and their influence on the stocks' near and long term fortunes.

This becomes a problem when you own more stocks than you can
adequately keep up with.

In the case of Amarin's better Q2 2022 than Q1,2022, I believe it presages good things to com...and i would not sell unless there was a gross over-reaction to the good news.

[mrmainstreet]

First of all, never listen to me. That being said, I'm not selling any of my shares trying to catch a dip. I am looking for places to add, and will likely buy some more after the CC. I continue to nibble while we are under $2 because I feel the company is worth more in the long run.

Not the old dreams of $20-25, or even $15, but $8 seems realistic and that's a strong return from $1.30. So I'll add when I can, sell covered calls when I can, and look to exit around $7-8 a share.

[Invest83838]

I think it may be possible that

there will be much more AMRN price reaction

to what Denner does or announces

than whatever happens this Quarterly Report

I suspect most people on Wall Street don't know or care about AMRN

but they will be very interested in what the activist investor may do

[FlyFishingStocks]

Do I cut back (30-50%) of my shares before ER anticipating the pullback, or let it ride hoping for a surprise?

Follow the TA message. The whole month of July has consisted of distribution - tracing a Descending Triangle. All of the above average volume days were down in response to prices attempting and failing to rise above the strong down trendline. This means big investors were using strength to exit their positions.



Ask yourself... if the stock is sooo undervalued, with promising catalysts over the next 6 months, then why are they selling sub $1.35? What do they know that we don't?

The TA message (footprints of investors without confirmation bias) is ominous and portends lower prices... probably in the form of a spike down - that may or may not recover.

The general market won't help either. Some say inflation has peaked. Even if it has, demand destruction is the result of that prolonged inflation. That's why we have already entered a recession. Not good timing for that as we enter the worst part of the year for equities

Consider these comments:

The view is echoed by Goldman Sachs strategists led by Sharon Bell. The market is “too complacent” following the bounce, given downside risks related to Russian gas supply and Italian politics, while earnings estimates need to fall further, they say.

The move higher in equities has been supported by a reassuring earnings season to date, with 57% of Stoxx 600 companies beating estimates, EPS growth running at 3% year-on-year and surprising positively by 2%, according to JPMorgan strategists. Still, five out of the 11 sectors are serving up negative EPS growth: financials, real estate, discretionary, tech and communication services.

Charts signal that there are obstacles ahead, with a trend line in place that’s acting as a ceiling on gains in stocks. “We are in a rangy market, but the range is wide,” says DayByDay technical analyst Valerie Gastaldy. “This means that in the coming weeks, it may look like a bullish market, but it should not lead to new highs.”