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Amarin Corporation plc Message Board

  • ellen.jamie ellen.jamie Jun 26, 2011 9:05 AM Flag

    Seen this all before IDBE good example

    I remember IDBE a number of years back with their spray application for the flu vaccine. Before it went bullistic with a buyout it went from $1.5ish to $5ish to $6ish to $9ish to $13ish all the way to $20ish, back to $9 - $10ish where it leveled out around $13ish for a few weeks. It then went charging for $20 and ended up being taken out at $30+ in very short order. My point is that if this is the real deal the stock will whip saw up and down to shake the "short timers" out as MM's pick up cheap shares. I predict this stock will return to the high teens in a couple of months then get whipsawed a few times befor being taken out in the mid $30's.....I have seen it before. The rise to new highs does not come without some bloodshed.

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