They give priority review with a decision slated for 9/28 then wait until the very last minute to want an Adcom pushing the deadline off 2 months. I believe the FDA is screwing with Amarin and just might reject the label expansion. 78 percent of priority reviews get approved. Have a feeling Amarin is the other 22 percent
topjunkie94
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I wonder if somebody at Baker brothers prompted the FDA to invite an Adcom in order to get cheaper shares
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If management had said all along that they were expecting in Adcom this would not have dropped as much
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FDA approval between Sept 3rd and Sept 20th. Everyone will be back from vacation and volume will spike. Will not go much higher than $25pps. BO only thing which will make a difference in your lives
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Low volume.......everyone is on vacation
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This will spike again around $22-$23pps and then did again before FDA approval. Buy the dip
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PLEASE NO FDA APPROVAL PRIOR TO LABOR DAY. Everyone is on vacation and volume will be low
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FDA approval in Sept will make this move to maybe $23. This will be the last hurdle and then will sit until a BO
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Robert Hill - absolutely not and they are not going to dump a unicorn drug for $25pps
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Congrats to shorts. To short this at $23 my hats off to you. Big balls
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Not too bad so far considering the overall market
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I am long but this is going to be ugly today
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What did Frank Tanks just say? I fell off my chair and hit my head in the floor when I passed out!
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The shorts are right. The FDA approval is “baked” in. As in Baker Brothers own the most shares and will stand to make billions once this company is BO at a minimum of $51pps
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Cramer is the kiss of death. I wish the name “Amarin” never came out of his mouth
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Manipulation at its best! Blatant
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Reputable financial news outlets all state this drug could reach $5b to $10b in sales per year. Do you people REALLY think they are going to let this drug/company go for $15B at $45pps?
If you answered yes...you have my sympathy
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What did PFE pay for Lipitor?
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Motley Fool. Long and strong. Bears shorting Amarin have bigger balls than I do
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This will close around $18.94 today
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