Everyone is chomping at the bit on NCE status. Tomorrow, management will NOT hype NCE or set themselves up for a massive lawsuit. Market will be disappointed, shorts will pound the stock and spread FUD thicker than cellulite on J-LO's rump. Wait til Thursday afternoon where the price might trough low 10's or mid 9's.
Agree with this post. Sold 75% of my position going into tomorrow. Since 7/26, nothing could have transpired that we probably don't already know about. Patents have been announced and won't be announced on conference call as this is completely up to the US patent office, no word on buyout/partnership/go it alone because NCE and patents aren't final and therefore have not determined market value for Vascepa. Lastly, market becomes more impatient and disappointed tomorrow and price drops to low to mid 10's on no major news. Watch the stock for 2 to 3 days, then buy into the NCE run-up and sell.
Management won't know anything about NCE just like we won't so how the heck can they get sued?
NOW if Management is negative or evasive on NCE (i.e., they don't believe they are going to get it) then that won't be good, but if they say nothing or don't "hype" then it won't change a thing.
Management before has said they don't know what the ruling will be, but they are optimistic... this hasn't and won't change.
Sell Now and here's why? Well you sure didn't convince me.
Oh gosh, you have no logic to your statement. However, we both agree that they have no certainty, which is what a lot of hopeful longs would like. Furthermore, when the conference call closes without certainty, you can bet shorts, and their friends in the financial rags will be spreading FUD. That's my point, why get in front of a speeding truck. Step aside, let it go by, then go about your business (late Thurs or Fri).