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It's funny and sad that you think you had any control over a stock with over 400 mil shares outstanding. Can you share any other delusions of yours? It makes for great entertainment!
Yeah, you must be smarter than these Big Pharma executives.
That likely wasn't a block sale. Almost 4 mil shares and the price did not move at all. What that was, was a consolidated late posted print from the regular session. Ask your broker, he will likely tell you the same thing.
This investment by this buyer is nothing dollar wise. Look what Denner spent on his shares and look at the value of those shares now. Smart money isn't always smart. Your views always have plenty of confirmation bias built in. I've seen huge blocks get bought with countless co's all the down to bankruptcy.
My comment makes a lot more sense than others who make confirmation bias comments like maybe the BRAVE study leaked. As far as you selling, you should have sold years ago. If I was in a huge hole like many here, I would just hold onto my shares and hope for a miracle.
It's called a relief bounce. Happens all the time to stocks that gets pummeled into the ground. It should hold today but slowly give back the gains over the next wk or two. Countless stocks that have recently hit 52 wk lows are bouncing hard today.
Wise man!
The majority of their cost cutting is coming from laying off their sales reps. The less sales reps, the less sales. The current sales will continue to erode due to the layoffs and the competition from generics. The eroding top line sales doesn't bode well for a sale of the company.
BP hasn't shown any interest in Amarin in years. Perhaps they will one day buy Amarin but it will be for a lot less than many here believe. $3 tops will be the price imo and that includes current cash on hand.
It strikes me as funny that most wanted JT out. When JT resigned you got Karim Mikhail which the shareholders were giddy about. Then you guys were not happy with Karim and wanted Denner to shake things up and you got even more when the entire BOD resigned and Denner took over the entire company. Now the shareholders are STILL unhappy and disgruntled with current mgt. Many shareholders in this room think they have all the answers and believe they can do a better job of running this company from the outside looking in. I got news for you, it's not as easy as many make it seem when you are on the outside and don't have all the facts. Stop blaming mgt. This is a 1 drug company that received some bad breaks along the way. This co became uninvestible when the generics won. It sure seems pretty easy to be a backseat CEO.
A week in I-Hub jail then you get out on parole lol. This is what happens when you lose control of your mouth.
Yeah, this is a 41 billion dollar company. There is something seriously wrong with your analytical skills not to mention your lack of math skills.
Not as rich as you riding this stock to the basement. Never dollar cost average with a company with terrible fundamentals. Denner buying shares all the way down is not necessarily a positive fundamental.
I still do not own a single share nor do I have any intention of buying any.
[url]Amarin Corporation plc (AMRN) Cantor Fitzgerald Annual Global Healthcare Conference (Transcript)
https://seekingalpha.com/article/4637530-amarin-corporation-plc-amrn-cantor-fitzgerald-annual-global-healthcare-conference-transcript?mailingid=32842648&messageid=2800&serial=32842648.438&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=32842648.438[/url][tag]insert-text-here[/tag]
GIA strategy was never really a viable or smart strategy. JT is to blame here because he was the CEO when the co was in the best position to be sold. Instead he sold millions of shares in the mid 20's and screwed all his shareholders.
You suffer from a bad case of confirmation bias. Good luck! :)
Yeah, like Denner has done so well already. How much is he in the hole with this one? How many times has he bought on the way down? Your thought process is dangerous to your financial well being.
My God do you hear yourself? This is coming from someone who has been negative on Amarin for many years. If mgt held the news then dropped a bombshell in their earnings release, you would then be screaming why mgt didn't warn in advance. Perhaps you should just zip your mouth already. Do you even realize how foolish you sound every time you open it?
Co's do this all the time and it's standard procedure. Do you talk just to hear yourself talk?
I agree. It just keeps getting worse and worse. The sales decline in and of itself is alarming. I don't see any suitors coming before bankruptcy. Then Vasceoa will be bought for next to nothing just like the old Dendreon drug. Amarin has a lot of parallels with Dendreon.
Since when is a person entitled to severance when they quit? I don't believe he has a prayer of getting it.
Reconstituted Amarin Board Ready for the Challenge of Unlocking True Potential of VASCEPA®/VAZKEPA® (Icosapent Ethyl)https://quantisnow.com/insight/4209988
insert-text-here
This would give an English teacher a stroke.
JT never lost his sense of reality. He sold a ton of stock near the highs and made out like a bandit. That was a big sign to sell right there.
Coming from you means zippo! Careful what you wish for. Denner has had more failure than success 8n these situations. You better just hope that he flips the company.
Denver has had more failure than success in these situations
Quite the turn of events. Since Sarussa is not qualified to run the company, I would think that Amarin will be on the auction block very soon. If other C-Suite and employees jump ship, this could get messy quickly. Never a dull moment.
Congrats guys!
Yup, today was a stinger lol. VZ was the only un signed Tier 1 carrier. Want to learn more?
insert-text-here
Wow, wow, wow!
What a scathing PR this morning. AMRN mgt is something else. I'm rooting for you guys now :)
I don't make excuses. I stated the FACTS which are easily verifiable. Unlike many, I don't suffer from confirmation bias.
Co has no control over the top 3 carrier delays. All 3 tier 1 carriers are now under contract. It will happen. How about doing some basic due diligence on the co instead of running your mouth constantly. I will eventually be getting paid to wait. Not everything happens in a timely manner especially with VZ, TMUS & T. These behemoths move like slugs.
Of course you do! People are always looking for excuses to justify why the price is sitting lower than your expectations.
WTH are you talking about? I've never left, I just haven't posted. Believe what you wish. I have no position and haven't for a very very long time.
I did not have the same experience as you with Vascepa when I was taking it. I had one capsule that had leaked in my new bottle and the entire bottle wreaked of a fishy smell. I also always noticed a slight fishy smell in general over the 2 yrs I was taking it. When I first started taking it, I was burping a lot and it tasted fishy to me. I had a couple of family members smell the containers as well and they all agreed with me, especially when the capsule leaked.
Pipedream as most retail holders never bother to vote. Life exists outside this board. I'm not saying Sarissa will not win but it will be a lot closer than you think. I see it being really, really close. Too close to call.
Great post!
Perfect quote :)
Sarissa Capital Has Commenced the Process to Call a Special Meeting of Amarin Shareholders to Remove and Replace Certain Board Members
https://www.businesswire.com/news/home/20221011005498/en/Sarissa-Capital-Has-Commenced-the-Process-to-Call-a-Special-Meeting-of-Amarin-Shareholders-to-Remove-and-Replace-Certain-Board-Members