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LBL, in the event of an appeal loss, what else would we lose as it relates to value than the current position than we find ourselves in? Maybe the ego of a BP that is willing to pay a small amount more because they think their attorneys would be more successful in an appeal or that they can negotiate a settlement with the generics that is more attractive than the one Amarin could negotiate themselves? If not, it seems like the price will be what the price will be as the damage from the loss at the hands of Judge Du has already occurred and thus we have little to lose in the next few quarters by proceeding with litigation.
Can anyone opine about any potential risks that lie out there on EU revenue stream if approval is achieved at year end? Specifically is there a possible "generic" pitfall after such EU approval?
Serious question
Can a group bring a class action lawsuit against a judge if their mistake in applying law is large enough (whatever the legal equivalent of gross negligence would be) that it was not a simple, easy to make and explain mistake? Guessing no but thought I would ask.
As you state, Alaina Whitt of Covington was a clerk for Judge Navarro in this Reno court before joining the firm and she articled for Judge Chen on the Court of Appeals.
https://www.cov.com/en/professionals/w/alaina-whitt
Because of this, did that disqualify Navarro from this case and will it do the same with Chen if/when they appeal?
https://www.nvd.uscourts.gov/court-information/judges/
With only 12 judges of the Federal Circuit and many clerks cycling thru these courts, I would think that it would be hard to keep from attorneys that worked for these judges from appearing in front of them so I would not think that this disqualified them.
If that is their only plan it seems like they are more interested in keeping the company running in order to collect a paycheck.
Bull or HDG, with the current situation as well as the most likely scenario moving forward after yesterday, is there a chance that any of the options that pushed the total outstanding shares with a sale to the 412M range no longer in play so we would be at a smaller number of shares?
This call. Other than that Mr. Lincoln, how was the play...?
We are too busy out here in Bill Gates Land spending all the public money on the homeless. Now they are just not going to even book those committing misdemeanor crimes into jail.
https://mynorthwest.com/1785408/rantz-seattle-crime-cops-book-coronavirus/amp/#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Any feel for the timing of these documents being made public?
Perceptive Advisors?
Anyone know what Perceptive Advisors did with their position in 4Q?
This was 4Q activity thru 12/31/19. Does not mean that they have not already reversed course and added back to their position.
The entire BCBS association? Google says that the combined 36 BCBS companies account for 106M people in the US.
Any feel for when we will start seeing 4Q19 Form 10 disclosures?
Thoughts on timing of commercial? I have no idea but it would seem that a high percentage of the game audience had either turned the channel or turned their tv off by when the commercial ran. Anyone able to verify how much audience is lost by then?
Also, this panel was at the AHA last November even before Strength was halted.
My point is that at some point it becomes reasonable for the company to defend the share price whether it be for debt structuring, BO negotiation or something else. While 3 weeks is not 15 years, it is merely an example of laying out a scenario where it is reasonable for an investor to expect management to either defend it or take advantage (share buyback) of it for the benefit of the company and in turn the shareholders.
So if they determine that the best course of action is to let the stock price flounder in the teens for the next 20 years are you OK with that?
Nope. I have been here since 2011 and I am annoyed at the lack of concern by management to defend the stock price. Real life plans and wishes enter into this equation.
I agree and he doesn't even work for the company... :) Giving further credence to outsiders doing more for the current stock price than management. Do not misunderstand me, I think JT and company have done an amazing job with the execution of the long term business plan, I think they can do more on the stock price side of things once in a while. We all have areas that need improving, this is one that I think they need to take a look at doing so here.
That's great but playing the long game long enough eventually results in everyone dying of old age before we get to the desired results as Keynes stated. We cleared some major milestones in the past quarter but here we are sub $19. In the event we clear the generic lawsuit hurdle, should we expect to trade down another 20% at this pace?
We have been patient for years. I am not selling but it is reasonable for the management to exert some effort in combating the negative news. At some point it seems like arranging for a loan/line of credit quietly then announcing a share buyback would send a clear message to the market that the stock price does not reflect the reality of the future of this company. I am not saying that this should be done now but other companies are proactive with moves like this. I understand that this can be a tricky thing with maintaining cash and making sure that we can achieve positive cash flow moving forward but we are now in January of 2020 and the beat (or beating in this case) goes on.
All comments from longs that have been here more than 6 months are welcome.
OK, i'm done venting... :)
What date? There are a few posts by you over the past few months... :)
BB
Remind me if this number started at 400 or was it at a lesser number and does not account for the total sum of the projected doubling of the salesforce.
So if you have not reviewed the agreement it seems like a waste of time to have any sort of opinion (I have not reviewed all of your emails in this string) without having any idea of what the agreement says. No?
STS, have you read the agreement between TEVA and Amarin? Does it specify/is there a clause covering if Amarin enters into a separate agreement with another generic or if another generic prevails in litigation?
Why not email CBS at the link below and choose 60 Minutes in the pull down menu and make the request. I just did.
https://audienceservices.cbs.com/feedback/feedback.htm
Hondo, I live in Federal Way and would like to get a beer with you sometime. Can you drop me a line at twinswest87@gmail.com?
So he is intentionally trying to mislead people from the truth and in the process has delayed medical attention that can and does save lives from those in need of it for his personal financial gain. I can't agree with your so be it sentiment even if I was not on the other side of this financial bet.
LBL. I put a reminder on my calendar . I'm on pins and needles waiting for your projection for this afternoon
Apparently none has reached teenage years yet...
FFS, you definitely called this downturn and a few others. I also understand that people like to shoot the messenger. You have been right more often than some like to give you credit for and probably a bit less than what you have alluded to. Would it be fair to say that your TA is based upon lack of new information being introduced to the conversation? If that is the case, while you may win many battles, in the end if the science is as sound as many of us have believed, have had those beliefs validated by Reduce-It, AHA, ADA, NEJM and countless industry experts, we will win the war in the end. Will it be total world domination or just 3x-4x above current SP?
We have been below a buck with this stock and while being down almost $10 from its high sucks, we are miles ahead of our basis and time and science are on our side (unless the FDA and BP trump science...)
JL
In the event we find ourselves supply constrained and demand outpaces the available product, do you still adhere to this opinion? If we have tapped out the supply, it would seem that raising prices as a way to pay for further expansion of API sources seems reasonable and a shrewd business decision in order to keep profit margins in place over some period of time but limit it so generics can't count on the higher price to complete against forever.
Anyone have any guesses on how long it will take for all of this to play out and the price to stabilize?
Looks like it is priced at $21.74 (yesterday's closing price) and total of $400M + $60M for optional shared adds up to 10M shares max.
What is max pain price for options expiring today?
What time is the meeting in Denver today and do you expect to hear feedback on it immediately?
That's a t-shirt material quote!
Then what website were you referring to being down?
Are you saying that amarincorp.com is down? It seems to be working ok for me.
Isn't it always easy to cherry pick the low of the day vs. the high of another day shortly after? Low of the day on 3/27/19 was $16.65 and high of the day on 4/3/19 was $20.78, a 24.8% increase.