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I think we should all expect awful earnings to be honest. Like you said the lack of any communication or pricing agreements should be beyond concerning. I am done buying at this point I bought so much to average down and am still way underwater. Just when you think it cannot go any lower it does. You would have to try really hard to destroy a stock like these guys have and I dont know how anyone could have any confidence they will report a good quarter. They are not cabable of turnng anything around. The only real hope for most of us to ever get back to even on this thing is for the company to be sold. The only thing you would get out of these clowns is the need to raise more money and massive dilusion.
The stock continues to drop like a rock and will be below a buck soon at this rate. My guess is it will continue to sell off until if and when Denner does something of significance. My guess maybe alot of sellers do not think he can pull it off because the corrupt company has no interest in working with him. They seem content on letting the stock drop to zero rather than biting their pride. This will either be a 5 dollar stock in a year or it will be a .15 cent stock. Really all depends on Denner but if nothing happens people will bail in droves.
That is not the point. The point is as the stock gets hammered day in and out the confience continues to crumble and crumble for investors. Tax loss selling with start soon and who knows how low this thing will go in nothing changed. To say the situation is urgent is an understatement.
Checked my email this morning to see another biotech I own was up 60% based on news of a new us patent. I keep thinking I will wake up to great AMRN news some morning. Then I realize i am simply having a dream. The one thing Denner said that is a bit concerning was that he hopes they do the right thing so he does not have to call a meeting. Well they have strung him aloing for three months already I have no faith they will not continue to string him alongif he lets them. They have no interest in doing the right thing so he needs to move now.
One of them posted on here yesterday saying they need more chances. Talk about the definiton of insanity.
What is amazing to me is some people think we should give these clowns a chance to reports earnings before Denner makes a move. Does anyone honestly think these idiots would actually have a good earnings report. Come on unless they cooked the books we already know it will be crappy followed by a bunch of lies about all these approvals they will get. They are con men.
I actually bought a bunch more yesterday at .48 cents. Talk about good timing. I have no doubt the shorts will try and drive this down tomorrow but if we get more good news soon they will get slaughtered.
With the current managment in place you probably could. It really is Denner or bust at this point. If they somehow stop Denner this company is done.
Looking at new 52 week lows againlDenner needs to make a move and soon or this thing is DOA. There is not possible way this company can survive with the current management.
My agenda is simple. Denner comes is and takes over or kicks out at least half of the current BOD. That is my agenda plane and simple. And I am guessing 85% on the guys on this board agree with that agenda. The current BOD has shown no reason for us to continue to stick with them any longer.
Barely 2.5 months left and they have not proven to deliver on anything so its kid of like holding out hope santa claus is real.
Well explain to me how they did not at least mislead big time??
International
• Expects regulatory filings, approvals and potential launches of VASCEPA, via partners, in up to six new countries, including Australia, New Zealand, and certain Asia-Pacific markets in 2022.
• Expects final decisions from the NMPA in Mainland China and from the regulatory authority in Hong Kong in the second half of 2022.
• Expanded VASCEPA commercialization in several Middle Eastern countries including Lebanon, UAE, and Qatar through partners.
And if they had any good news I am pretty sure we would of heard about it after the Denner letter last week. Instead they put out a pathetic press release which was just bush league.
Ever since the horrid earnings report back in back in May this stock has been dead money. They could of strung together four or five approvals as promised and it would have helped. Instead that was all another lie and there are no approvals. They guys are nothing but liars.
Heck at this point I would be happy to just go over 2 bucks in the near term given how far down the river the BOD has put his stock.
I would think Denner would have sold if he thought we were past the point of no return. But no doubt if things kept going as is the company would be toast. Only the corrupt and arrogant board does not see that.
They do not deservce another chance they are finished imo. At the only way those clowns would show a good earnings report is if they cooked the books which very desperate people sometimes do. I would not put anything past this crew of idiots.
You really think Denner will not make a move before the earnings release? Why wait and let those clowns report another awful quarter the bleeding needs to stop now. They can dig in all they want it just makes it clear they all must go including the investor relations lady who refuses to answer anyone.
I think they are arrogant beyond belief. Its been three months since Denner fired the warning shots and they have not done a thing. In fact they only dug in deeper and stalled and my guess is they had hoped Denner would sell. Whatever the plan is which nobody knows they seem to think is the way to go. The six to eight approvals they promised are nowhere to be found. We are at a point where not a one of them deserves to stay. Every last one of these arrogant clowns needs to go.
but they might NOW see that they are going to lose, now that the fight has gone public.
I disagree I think they are dumb enough to think they can hold Denner off and if nothing else ride this baby for as much money as they can milk out of it until it goes BK. They would have already worked with Denner if they had any interest in turning the company around. These are incredibly arrogant and greedy people here folks. They would rather the company go belly up verses ever giving control up imo.
Stock in currently stunk in the toilet as there is zero interest. Not surprised the company is in hiding and never has any positive news.
I think the board is to arrogant and so out of touch they honestly think they can stop Denner. The fact they blew him off for threee months just shows the total arrogance they have. They I believe think they can stop this.
We are lead by incompetent fools. You have to try very hard to destroy the stock like they have.
Nope right now it is noting but a .20 cent day trade. I wonder if the corrupt board is still on vacation!
My cost basis is 4.60. I would be more than happy to get 5 a share at this point and simply get out of this thing.
One thing is clear they are going to fight this until the bitter end but for the life or me I dont understand how the whole board cannot see that they are going to lose? Are they honestly that arrogant that they think they would have enough votes to stop Denner. I know they are stupid and rotten to the core but can they honestly be that dumb? And lets say they did stop him nobody has any faith in them at that point the stock would proably lose another 50%.
As a Board, we are unified and supportive of Amarin’s new strategic direction, and the actions management has taken to position the Company for growth and value creation. The Board believes there is tremendous runway for growth as Amarin’s strategic focus shifts toward expanding the business in Europe
What is amazing about that statement is they said there would be six new approvals by year end and so far I have not seen one. Does not matter if they believe there is tremendous growth they are clearly not capable of being the ones to deliver it. The year is almost up and at this point they are just flat out lying. They are not interested in constructive dialougue they are interested in bonuses period.
I have never once received a response from AMRN to my emails they simply do not care. They are also so arrogant that they either think Denner cannot pull it off or they would rather all be removed than simply giving him a few seats.
So what do people think will ultimately happen? Denner get the votes and kicks most of them off the BOD? I do not see the current clowns doing anything but trying to fight Denner I do not see them simply giving him board seats. And even if they did two is not enough he needs half the board minimum. Whatever Denner is going to do it needs to happen soon.
The only thing the AMRN BOD is concerned with is lining their own pockets. Remember the six approvals they promised by year end. Crickets!! I a convinced they will fight Denner tooth and nail but I do not think they have the votes to stop whats about to happen.