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Pretty depressing honestly to realize this stock is basic dead money for quite some time. Heck I be happy to even see 2 bucks by December but that seems very unlikely.
So other than brave or europe revenue a year from now is there honestly anything that will move this stock in the next six months? Or are we stuck where we are at near a buck until we see revenue in Europe?
In the future we should see VASCEPA® recapturing market from Lovaza and generic VASCEPA®.
You may view the full report for WE 8/11/23 here:
If this is true europe beocmes far less important and you think the stock would start flying in the next few months?
You have about as good a chance of winning the lottery as you do with getting a response from IR.
Jon is losing his mind on the yahoo boards. If anyone wants a good laugh go read some of his posts the guy is totally unhinged when it comes to AMRN. AMRN basically has destroyed him mentally.
Down to 16 million is cash. At the rate they go through money that will barely las four or five months. I have never seen anyone spend money like these guys and I have no idea where it all goes.
I prefer no court cases our track record stinks.
Legit sales or shorts? Really surprised they would be dropping now at 52 week lows you would think they would hold firm and see what the next earnings brings.
Sure would be nice to get som news back to no volume and shorts manipulating it. Heck would be nice to hear anything from AMRN instead of dead silence.
Hard to imagine you would hire the employees before you even had the approval. Stunning really.
500 shares at .98 but I already own I ton so I was not going to keep buying a ton more.
Hard to say but those saying Denner pushed the price down on purpose so he could buy cheap might be onto something.
I was told he would never let it fall below a buck an he has so I have already lost tons of respect for him. I get the feeling we will get some horrible news release from them after the market closes like no approval in France. Would just be par for the course with AMRN. Really not sure why Holt came on board they really must have sold him a tall tale. As temping as the pirce is now way I will buy more I am not risking anymore money on this thing anymore.
Denner has a plan!!! He is going to get us a quick sale! God I cannot believe I bought the hype on him. He probably is shorting the crap out of this as we speak. We gave the keys of the company to a con man.
What hurts is the complete lack of any communication from the company that they give two shits about the stock price. They clearly do not care. Giving the keys to Denner so far seems like a big mistake.
I remember when denner still had supporters on here they told me Denner would never ever ever let this stock fall below a dollar. Well they were dead wrong. Maybe its time to find another activist to we can proxy Denner out! Honest to god the company is dead silent as the stock craters. Very telling.
Denner did it .99 cents not even he old board could do that!! Congrats Denner you screwed us big time. But I am sure they are just supressing it so hold can get cheap shares. LOL this is beyond pathetic.
Coudl be worse I guess. Well maybe not much worse but worse.
https://finance.yahoo.com/news/hawaiian-electric-utility-company-sees-231913605.html
2008 would have been worse by far. The problem is only having one drug kills us. I think Denner is finding out this is alot harder than he ever thought it was going to be. His plan seems no differnt than the old board which is depressing cause it means its years to any revenue.
And those manipulating it have been making alot of money it is a pretty low risk trade right now as there is no possible big news coming that we know of. Just approvals which do nothing for the stock at all.
It has been in the manipulation cycle for months. But like you said unless we get some major ground breaking news the stock will not move up at all. But Denner has a plan I am told. Nobody knows what it is but I guess he has one!
Yep for real seems the judge really did deal a death blow to this company. I guess most of us would have gotten out right after if we had it to do over again. Now all we can do is hope for a hail mary really. If not we will all just eventually sell at heavy losses in a year or two.
Who knows I think alot is shorts and probably some people just giving up and getting out. Denner has not proven to anyone he can turn this around so maybe some just gave up and are moving onto other investments.
1.01 almost below a buck go denner you pos.
After this debacle I would be hard pressed seeing Denner ever getting seats on any board again. Nobody is going to vote for him again.
Congratulations to Alex Denner for driving the stock even lower than the previous management. Only took you five months to do it. Next stop probably below a buck and yes a reverse split is possible. Why did we elect this clown again?
I am with you am about ready to just take a loss on alot of my AMRN but I knwo the second I do the a week later it would zooom up. But as long as I hold it nothing will happen. LOL!
You will not get any response from IR they have not changed one bit under Denner. Same old same old. Four cents from 52 week lows and they simply ignore all emails. Telling. Not so sure they can keep this above a buck much longer.
So much much darn lower does Hold need the stock price before he buys. I mean unless he wants 52 weeks lows it cannot got much lower.
What makes you think that?
Hart to imagine two years ago August this was still a 5.50 stock. Seems like it has been below 2 bucks forever now.
I am guessing Denner is somehow keeping it propped up above a buck as the shorts continue to hammer it day in and day out.
Selling now assuming anyone is even interested gets you out before things get worse is why. Revenue is declining all the trends are going the wrong way. They only have one drug so there is nothing left to fall back on. Europe revenue will take years if it ever happens. You get out while you still can honestly so take 6 a share if you can get it and be done with it imo.
These two actions by the Denner, the new BoD and management have a direct effect on today’s share price. Isn’t this a direct contradiction to what the proxy fight was all about?
Yes Denner lied to all of us that is obvious. We got taken by him he is no better than the old board honestly. Not really sure whey Holt decided to come on board he must have some sort of sweet deal though to try and turn around the current mess. Just not so sure it can be turned around having only one drug kills this company the headwinds are just massive right now.
Honestly instead of the absurd talk about a BO in the 12-15 range maybe Denner should just try and get 5 or 6 assuming anyone would even buy it at 5 and just be done with it before things get worse. With AMRN thing usually get worse sell it now before revenue declines more.
I am losing hope fast in this company. I honestly thought given all I had read and heard about Denner that this stock would be trading at 2.50-3.00 dollars 5 ½ months into him taking over. I thought he would have had funds, etc. interested. Instead we are close to all-time lows and two years into selling England revenue is a lousy 600k. At that rate we are looking at three or four years before we would see any decent revenue in Europe. I mean are we now honestly looking at four or five years before a BO? Thing are looking pretty grim at the moment and the Denner sense of urgency seems to have just been lip service. Whatever plan he had is likely scrapped now because he seems to be doing exactly what the old management was. I guess I am willing to give him a year but at some point it will be time to take losses and move on to something else with more potential.
Denner did sell us a line of crap and I bought into it. Maybe he sells this one day for 5 or 6 a share but I am not super confident. His sense of urgency and all that talk was total bs. No idea his end game but he is not what i was sold or maybe he is just a con man. Not sure.
Not far off from 1.11 under Denner. I have not idea what his plan is but this stinks.
Yes there are a few like John who most people have muted but some of us anre just super frusturated longs who have watched the stock do nothing but drop under denner to almost 52 week lows. I think we have the right to be frusturated this was not how it was supposed to go. Denner has cut costs and got some approvals no different than the old board. So far it has not been impressive.
I do not think you have to worry about the stock price doubling anytime soon unless god brings a miracle to AMRN. My guess is your shares will still be very cheap.