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biott20@ It absolutely helps understand the reaction - Thanks.
So Gershell is 'of the hook' for this one :)
rose@ I Call That a big annoncement - and an answer' also to all the critics of JT and Amarin - that they are 'not being aggressive enough' in promoting Vascepa every chance there is.
rosem@ You have a point - but stil. Why did SP not react to the 'Big Announcement a few days ago.
Have you seen reactions on just about every other Bio Stock announcement in this Crises. AMRN - Nothing. It is weird to me (and smells of control/manipulation) :)
What i dont understand about the AMRN stock.
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1: In 2018 when R-I was released SP price in a few weeks vent to 23$.
That seemed to 'wake' BP - which started to Bombard Amarin and Vasepa - from all angles. First with the Placebo Oil thing - later all up until now - with the ever 'Fish Oil' product 'diminishing effort'.
2: But still all the way to Approval SP holds mostly above 20$ (with a fallback over Approval Delayed 3 months and 400.000 new shares on the market) but recovered nicely until just before FDA approval (after the 16-0 recommend from experts) SP price 23- 24$.
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3: From here on things gets really weird.
Looking back - it almost looks as if this Leland Gershell guy 'KNEW that a decision were made 'by some powerfull' Players - that SP of Amarin and Vascepa would not be 'Aloud 'to Take Off - when he called for 'Sell and a SP of 7$ - just after FDA approval in december 2019. Rest af analytics were between 31- and 55$ in their target at the time.
4: We all know the story from there. For every new positive Amarin information FDA Canada - Great Q4 numbers - Europe - China on the table near future - the SP has fallen back - every time.
5: And here just some days ago:
https://finance.yahoo.com/news/amarin-takes-proactive-steps-support-175622744.html
Everything else in Bio - somehow related to the Corona Crises - has gone mad' for a while after such announcement - AMRN ? Absolutely Nothing - has fallen back 'as usual' - on positive info.
To me this great Stock is either 'Cursed' by some Black Voodoo Priest with BP connections - or this Priest is Actually White and Employed by Oppenheimer :)
I'v owned lots of different stock over the years - newer seen anything even close to what has happened to Amarin and AMRN.
Jasbg
From the same source 'STAT' - from today not so positive on Covid-19:
https://www.statnews.com/2020/03/18/coronavirus-new-age-analysis-of-risk-confirms-young-adults-not-invincible/
About the much debated (exaggerated) death-rate of Covid-19 - here some factual information:
https://www.statnews.com/2020/03/16/lower-coronavirus-death-rate-estimates/
In83@ In USA construction workers expect to get paid.
China just mobilized 10.000 people (many from the army) and dictated everyone 'To build the Hospitals')
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I do agree with you - USA should be able to do the same.
JL@ I do agree with you that this thing is Way' Way' Overblown.
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Problem for politicians like Trump and Boris - is that they would/will get 'slaughtered politically' if they did not act like rest of the world.
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What seem to be reality is 'the Bump problem' - that if you do not limit spread - it would in fact overwhelm the hospitals. That is what happened in Wuhan (why they built 2 new hospitals - capacity 2.000 - in a few weeks - something only China can do).
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Fact is that the Panic is everywhere related to the fear of hospitals being overwhelmed - it is not the death-rate. As you point out that is in reality just used for scare purposes (and not correct. A number of the elderly with conditions would have died anyway).
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A thought how to handle this another way (securing hospitals working) might be to 'treat the sick at home'!
Make ambulances into Covid-19 service vehicles - with the equipment to treat patients at home (Chloroquine - and other relevant medicals onboard).
And then possible mobilize volunteers (as in Denmark - eg. retired nurses - doctors - and young under education in medicine) - to assist on the Covid-19 ambulances.
Jasbg
post: With one eye closed - you are it seems better in math than mee' :)
Wandered what made me 'be so much wrong. But I had the 6- 7 billion it used to be (when SP around 20) - that not where we are right now - sadly.
Be Well !
post: This is becoming a habit - just before my bedtime :)
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I'm no expert in this - but I have read in a number of serious places - that the Ideal Stock for controlling/shorting - is exactly where AMRN are right now.
Total value below 10 bilion SP price below 25$.
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If AMRN were 30- 50$ the value of company would be 20- 35 billion, which makes it harder for 'Manipulaters to push the stock Up and Down (it costs more - and risk is higher - you need more stocks to do it).
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And in the case of our AMRN - there is the element of Big Pharma - wanting to keep this small Intruder under control - for BO purposes - or just not to se Vascepa start to take over' some of the enormous money in Statins.
Goodnight postes - Remember 'Stay In' - Write Clever comments on iHub - then you wont get Infected :)
Jasbg
JL: To follow up on this !
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Denmark is a very small country - 5.5 million people.
Today the Government and health authorities now pushed 'The Really Big PANIC BUTTON' - as the infected numbers keep growing.
This evening our Queen spook to the people 20 pm. Last time a Royal Speach - outside normal rutines - were after ending of 2.world war 1945 - so this crises is' for sure being taken very serious.
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In Denmark now everything (and i mean EVERYTHING) is being closed down. From tomorrow max. 10 people together (in any universal event) only one on every seat in Busses - Trains etc. etc.
All Bars - Cafes - Cinemas 'Everything closed -for now until end of Marts.
Also in Europe everything closes dovn. Borders now closed across EU - Car Factories close in Germany etc.
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Now to the actual reason for this post.
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A couple of days ago the government introduced a webpage were voluntary people (retired nurses - doctors - and others who wants to help in this emergency situation) could register.
Our Prime minister this evening said that more than 40.000 people have replied that they want to help in what ever way possible.
I do think that is an example for other countries to follow (maybe in USA - some states does that all ready).
In the middle of this Bad Situation - it does warm your heart - that' even today, so many (unpaid) voluntary brave people signs up to help their country.
Jasbg
NB: Food and Medicine Stores - and other emergency functions maintained - but everything possible - Closed.
Co@ This stock should be between 30- and 50$.
The SP right now is an insult' IMO.
KG@ This stock has been controlled - ever since it hit $23 for the first time in autumn 2018.
The FORCE' (Gershell - Oppenheimer - Citi - GS) kan control a stock the size of AMRN - just so easily' - then why shouldn't they do it.
The 2 daily planned ramps - makes them money both Up and Down. AMRN owners are in my opinion (have been) experiencing the absolute Worst of today's Stock market's right now.
TOTAL CONTROL / MANIPULATION - that has absolutely nothing to do with the 'Real Market Value' of the stock.
https://www.nasdaq.com/articles/5-market-manipulation-tactics-and-how-avoid-them-2018-04-11
Jasbg
JL@ Hope you forgive me - I'v just send the link to your input To the Presidents twitter. So if he phones you' you will know why :)
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@realDonaldTrump
This is Important - VERY IMPORTANT.
On iHub we have a true genius in medicine - and a very bright and respected man all together. He's a man of age - and has an enormous knowledge about the world:
The important Input from today:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154376143
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Jasbg
JL@ Not everybody like Wikipedia - but in this case it does explain rather well what your are talking about:
https://en.wikipedia.org/wiki/Chloroquine
CM@ I was going to bed - but noticed this :)
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Is what you are saying - that 'You Think' no answer on Trial before after April 10 ?
Jasbg
postes@ That answer I hope is not the best one you ever produced :)
But Ok - we dont have to agree on everything.
To me it was (and is) very obvious that AMRN was not aloud to 'Take Off' after approval. Premarket was more than 27$ at a point - as soon as market starts - 'bang SP pulled down in massive volume'.
You have a nice evening (it's night here so I'm going to bed)
Jasbg
sts@ It's all absolute SCARE Senaries - dont you see that:
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How many died: https://www.worldometers.info/coronavirus/ - 86 people until now in the USA.
How many Fentanyl deaths every week. How many deaths in trafics. How many deaths among elderly with conditions 'Before Covid-19'.
This is out of proportion - and has been all the way. But it goes to show how little it actually takes to scare People - pushing the right buttons.
Just as we see with *limate *oncence - that scares small children all over the Western World.
Jasbg
Then how will you explain it ?
conpack@ I totally agree with you.
As I have said so many times that it is starting to borrow myself: On the first market-day after FDA approval - 16 december 2019. Volume were over 60 million shares (more than times 6 of normal daily trade at the time) and the price falls.
This was 'PROFF 100% that the AMRN Stock is/was being manipulated'.
And I do think that your observations might be again 'proof' that this Stock is being manipulated for daytrading 'almost every day' (Oppenheimer - GS - Citi know the ramps - as they make them themselves - said it before).
What seems to be the solution to this in reality (no one seems to believe that the CDC takes something like this serious) - so the only solution is to hope that AMRN soon leaves the area in value - where it is so easy to manipulate for the cynical 'Money Predators' that does this) :)
Jasbg
PS. A rather big number of investors thinks that a Buy Out - is the only way to 'get past this problem'.
jm@ We really hope she does :)
With the development over the last monts - all the Loyal Amarin Investors deserve some 'comfort and backup' - to move Vascepa out into the world.
The best new drug for CDV's in a very long time :)
How long is the SP500 IN Sane Market crises going to go on!
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Until the Big Money Tank's (Banks - Hedge Funds) start to Realize - that this in the end is making 'them self' Invaluable - then this will quickly (very quickly) turn around.
I mean if you look at reality, 'have all valuables is this world suddenly disappeared 40%' - because of a slowdown of production for 2- 3 monts ?
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As always 'the common people' get scr**ed' - every chance 'The Big Money' gets. That is in the end the price of Capitalism.
Rotten as it is right now - with the in sane falls in SP500 - it is sadly still' the best Economic' (in the end the most fair) System' there is in this World. So we have no choice but to live with it :)
Jasbg
As I have heard it' only 'One' - 38 years old doctor died.
And not unknown for China - exactly the man - that was the first to warn about this, and maybe even knew the origin of the Covid-19 Flu.
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You might want to hear the woman in the video herunder - and how she views things. And she actually mentions the young doctor that 'tried to warn the world'.
https://video.foxnews.com/v/6134298689001#sp=show-clips
Jasbg
inv29: When all this hysteria is over - IT IS JUST ANOTHER FLU !
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Thousand Reasons why 'World has Gone Mad' - right now. One of them is named *****.
This Flu is dangerous to elderly with conditions - which is every Flu - or even just a contagious bad Cold.
Death Rate (that has ended being 'The only Real Argument' - that Covid-19 differs from normal Flu) - will with 100% Certainty end exactly at the same level - about 0.1 % (of the elderly - with condition - that might just as well have died of 10 other conditions - CDV being the most common).
https://www.cdc.gov/flu/about/burden/index.html
Jasbg
PS. The argument, 'to level the bump', has mening - but still 'Just another Flu' in future.
Did you ask if she had 'Washed her Hands' :)
TTE@ A valid point about 'People Need to be Scared' to take it serious.
Ok - We partly forgive the Media then - for 'Doing their Job' in Scaring People to take it serious :)
This information is maybe already posted here - but then no harme done:
https://finance.yahoo.com/news/amarin-takes-proactive-steps-support-175622744.html
mav@ Not a nice prediction from Goldman. A couple of weeks ago they (GS) said that SP500 would not go below 2900 - so what changed so dramatic.
Actually to me outlook is much better today - talking 'delaying'/'controlling' the spread of the virus. Central Banks are now 'All IN' - all over the world.
Could it be that GS and rest of the Big Money Tanks (Banks - Hedge Funds) now want to squeeze the 'few remaining billions held by retailers' - rolling their way.
Next period will be interesting on the markets. Volatile' without doubt - but to foresee where market are in 14 days ? I would not take any bets on the direction :)
Jasbg
TaTE@ The only logic explanation about Italy - is to 'go backwards' from the number of Deaths (right now 1808 people) and most experts now say that the 'deathrate is somewhere between 1.0 - 0.1%:
So if we say deathrate 1% (1800 death) - that means that 180.000 people has been infected (not 25.000 the officiel number)
In Italy they newer found 'patient zero'- so they in reality 'have no idea' when it started.
American experts now says that the outbreak in China - most likely started late oktober 2019. Might very well be' that outbreak in Italy started shortly there after - but that they only realized what was going on - when they heard about Wuhan in China.
Jasbg
PS: have to respect that China helps Italy in the fight against Covid-19.
https://news.yahoo.com/china-sends-medical-supplies-experts-112206146.html
ambul@ Just saw Anthony Fauci on Fox. Worth seeing :)
https://video.foxnews.com/v/6141768322001 (twitter link)
ggw@ World Population grows by 9.160 people every hour - 220.000 every 24 hour: https://www.worldometers.info/world-population/
Not trying to diminish the Covid-19 threat in anyway - I do feel that the ever growing number of deaths Worldwide - this moment 5.961 - fail to take into consideration that a number of the group of 'the week elderly - with conditions' would have died anyway in this period.
I have not seen that fact brought up anywhere, but i might be mistaken.
Jasbg
loublo@ I think i would very much like you 'red liberal mom' - even though she' is everything i hate in my five 'red liberal sisters' - which I love.
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Denmark 'IS BIG GOVERNMENT' - more than enywhere else in this world. There are TAX on 'Everything' - for normal working people tax is like 70- 80% of your income.
BIG BROTHER pays something back to childcare and housing (if you are poor - or you an immigrant from Africa 'with no papers' illegal crossing our borders).
Americans would be Chocked - learning Scandinavian taxes :)
Great information from 'soldier in front row' :)
Thanks and best of luck !
Thanks Irishman. Your father were a wise man :)
Want to apologize to yesterdays moderator(s).
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Got a little carried away yesterday. A mixture of finally some Green in the market and alcohol :)
Have difficult hiding that I'm a fan of your current US President, but i shall try harder in the future, as a Stock board should be about Stocks.
I do understand that 'the Covid-19 debats are aloud' while the whole thing have huge impact on the markets.
Jasbg
NB Have bin there before'. A board like iHub becomes almost a 'mental drug' - you need your 'daily fix' LOL
BaaB@ I'm not being critic of Boris Johnson, quite the contrary.
I very much admire the new British prime minister - and thinks it is exactly the right approach he laid forward.
Time will tell - but Johnson's way -'does seem a more measured' - non panic' and realistic' approach, - than a number of other European countries.
Boris Johnson 'for now' takes a different approach from rest of Europe.
He accepts' the fact 'that the actual number of infected is in reality much higher' - than the official number' - and acts accordingly.
Johnson says that there no scientific evidence that closing scholes, and public life all together, helps stop the spread. Interesting to follow which approach - works the best in handling the covid-19 crisis.
Irish@ Made a mistake in earlier version of this text. Sorry
To moderators please delete the version below - thanks
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Having lived through 3 of theese 'socalled Pandemi's before - it is hard not to think that 'things right now' has gone completely mad - with this one.
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With the H1N1 flu - also known as swine flu back in 2009 - authorities from the start, realized that it would be impossible to contain the virus. The approach there after was to prepare hospitals to give the best possible care to the people that got sick.
But then WHO, out of nowhere, after 2009 alters the criteria for 'declaring a Pandemi' - which countries are obliged to try to contain. The result of this 'change in procedure from WHO' are exactly what plays out right now.
Governments around the world are scared sick - using enormous resources and money trying to contain 'a very contagious virus' (which many experts says is in reality impossible). Instead 'all these resources' were much better used to prepare 'hospitals worldwide' to take optimal care of the elderly, with prior conditions, that it at risk (as they would be also of a normal flu virus infection).
In Denmark where I live. The government yesterday closed down the entire country - 'literally'. All schools and childcare closed down in 14 days. In Denmark no deaths yet - still foodshop's were 'run over' after the announcement.
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I'm fully 'with you' on the seriousness of the situation.
But I do find it very unfair to blame the sitting US administration for the situation in USA (which very many does - not at least in EU and Europe). The way UN and WHO has announced, that Covid-19 'shall be contained' - is ruling against laws of nature - according to many experts. It simply cant be done. But clearly the political enemies sees 'morning light' in an election year.
Jasbg
ggwpg@ Very impressive what you tell about Taiwan - Seriously.
And obviously a very effective and organized society - good for them.
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But have you thought about why we dont hear anything from Africa - very little from India - North Korea. Big parts of South America.
You dont think the covid-19 has hit there as well ?
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Of Course it has' - they just dont know it - life goes on - children sneeze a little - some week elderly get's sick and die - just like they did before.
Sure I'm guessing here - and yes I'm absolutely no expert, but common sense and logic - this virus is everywhere in the world. But as long as no one test for it 'it just another' Flu Virus.
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Look at the number of people on this planet - and how fast it grows - 220.000 every 24 hours - or 9.166 more people every hour. Human race are not about to be extinct.
https://www.worldometers.info/world-population/