People are trying to read something into it. Well how about the FDA wants to say no and are making sure with their attorneys that they can get away with it?
A delay could be positive too. NO one knows.
But since no time is given for a decision, the price should hold since no one wants to trade in that atmosphere. In fact I'd bet it will go up some with very little pull back. Shorts may start covering which sucks since a positive result would cause a nice short squeeze. So please do not cover yet. LOL
I saw the volume and the dump, so it made me concerned. Is there any catalysts coming up soon? I see one guy saying they are going to dilute but with no link.
That's not exactly correct. We know that AMRN will not sell lower than the assumption that it will receive approval of Anchor. I heard that Anchor would open up the market by 8 to 10 times. Since one company was already bought for 443 million than 8 x 443 = 3.5 billion...... that's a min of $25 pps for AMRN.
Two possibilities; it gets sold out before approval for x amount with extra at time of approval or it gets sold after approval. My guess everyone will wait until after approval and run-up will start in October.
It could get real interesting if AMRN gets NCE status.
I'll guess and say we will see a double for a run-up.
Sentiment: Strong Buy
If an inferior company can be sold then AMRN can be sold after Anchor approval for a whole lot more. Ya!
Since the population for the lower indication (Anchor) is 10X higher then what is AMRN worth?
Sentiment: Strong Buy
I did and everyone should. Less supporters the better. Any good news and he tries to torpedo it with a quick article of his own. He is active big time short.
just Google goedomega3 and clinical studies. It summarizes several studies which illustrates fish oil benefits. Anything can happen with the FDA but I say Anchor will be approved.
The Mediterranean diet is know to produce a lower incidence of heart disease.
Also the control which was used was Olive oil which is believed to lower heart disease.
Therefore the Italian study was flawed from the beginning.
If they were trying to compare different oils against each other that is one thing but that was not their intent.
They call themselves scientists?
WHAT WE ALL WANT TO KNOW..... does fish oil work?
Then stop comparing it to oils that have been implicated in lowering heart disease... DUH!!!
And they used Olive oil for a control....hehehehehe which has been implicated in reducing heart disease. What a wonderful control. LOL
You would think they would use a control which is benign.
The recent study from Italy used only 1gm which I believe insufficient to evoke a response from the body. Once you reach a threshold the body will start using the fish oil instead of producing its own triglycerides.
Just another Seeking Alpha short expression nothing new.... just opinion. And opinions are like rectums and everyone has one. Since everyone has an opinion I will say that nothing substantial will happen until Anchor decision in December. Although there should be a nice run-up starting 3 months prior.
Come on now there are too many buyers... Stop and sell. What is wrong? Not scared enough? Fear is coming. Fear is coming. Oh no!