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Amarin Corporation plc Message Board

  • fsulevine fsulevine Dec 30, 2013 4:23 PM Flag

    Looks like no tax-loss selling

    This morning before the market opened, I was thinking that AMRN might go down today and tomorrow simply as a result of tax-loss selling. But then it occurred to me... why would anyone hold through all the bad news just to sell now for tax purposes. I figured, those of us true longs with faith the in the long-term potential of the company won't sell, and those that would sell for tax loss purposes probably sold when the results of the ADCOM meeting came out. In other words, I think AMRN has bottomed out. Those who are here are here for the long run or are gambling on a surprise positive decision for ANCHOR from the FDA and hope to hit a big score.

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AMRN
3.07-0.11(-3.46%)Aug 24 4:00 PMEDT