Hard to say exactly what this is. Unlikely that it is all shorting since the price is already down 40%. Prices are starting to look attractive but the decline is consistent. This could still be a "catch a falling knife" situation.
Comparing the Amarin chart to the RVX chart ... looks pretty different...AMRN sat in roughly a +/- 20% range for the 6 months leading up to the results. We should be a couple months into that period now unless there are other delays, and RVX is much more volatile.