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Market manipulation is something Denner will correct when it’s time. Imo I’m happy knowing a new BOD is guiding Amarin and likely we’ll hear many positives, but it’s way too early to complain. Someday the share price will do magical things and the savvy will be rewarded. Just imo. No offense to anyone
What's IR? Another $xxx,xxx salary and Denner ain't got the you know what to deal with it because it gets into legal stuff. Just like other Corporate jobs.
U.S.A. sales: If the market exists, and it does, it makes sense to go after that market because isn't that what generics are doing? Has anyone ever considered generics may also gain their own ground? Why can't Amarin gain its own ground too? BUT... NOT IN THE MANNER done in the past (like hiring 300-600 sales persons), but rather do it in increments, for example, highly populated regions where you hire 5, 10, 20 here and there around the country without making a heavy investment. I can't even believe this kind of thinking is so novel, it's not!!!
Of course we want revenue and revenue must come at a GAIN, not a LOSS. Thus, enact action steps which are incremental, so if Los Angeles becomes a hot spot you target it... just an example... I'd also emphasize you stay away from big ticket costs like TV ads unless it was targeting a city where there was a strong uptick of Vascepa scripts. Here again, hand to the right person the $7M they wasted protecting KM n BOD... who could have used that money to hire and advertise Vascepa done a strategic way, gee we might be earning even more revenue.
Only IMO but not tapping the USA sales potential is leaving money on the table despite generic competition.
I never said there was billion waiting for Amarin, but for all who go after it there is much more to be made. Imagine even adding $50M per quarter in revenue going forward, what a difference that would make. I'm not suggesting Amarin hire even 100 salespersons, but what does a high performer make the company, and what locations have been green for Amarin. Giving up is giving up is giving up too soon.
Thanks for the laugh.
Amarin has garnished 60% despite all competitioin. That is part of the answer to your question. It may simply mean adding a modest number of sales persons who are high achievers. And far more use of social media. Wouldn't have been nice to take the German money loss and their recent $7M loss and have used that to advance Vascepa in the USA?
Really? The company broadcast the USA is a billion plus market. Has that changed? No.'
Likely one person has more than one moniker on IHUB.
I maintain, Amarin stated the USA was worth a billion plus; ok, I accept that. So why not re-strategize and go after as much as you can given you've secured almost 60%?
How's this rocket science? Think. If Amarin earned $300M in quarterly revenue how the pps picture would change? Daaaaaahhhahhahhahahahhahaha
I admit I get really agitated when USA sales are blown off... Please allow me a moment...
First, it's USA sales that even keep Amarin in the game, financially and in Europe and ROW
Two, the USA potential (billion plus) isn't even tapped into... Can for once Amarin and Denning
restructure a strategy to even go after $500M???... Geez it's pathetic... If lawns needing cutting,
you go after lawns irrespective of competition.
Third, the USA was NEVER LOST but Amarin acts if it was yet it maintains almost 60%. If you
could add another $400M in revenue, wouldn't you go after it? Wake up Denner.
Furthermore, how hard is it to sit down with your USA sales team and strategize how we can double our script count? Berg isn’t leading or he wouldn’t say IP is lost when CVD is NOT! I’m really frustrated about even under Denner there is no immediate move to get the USA going as a cash cow. WS has no confidence that Amarin can execute in the EU when they have so easily given up on America.
Imagine the impact on Amarin in general were revenues doubled this year? The USA market is far from lost as scripts once again verify the opportunity to ramp higher despite generic competition. It’s a glaring mistake made by management to undercut the market as it’s still a billion plus opportunity sold or partnered. The failure to see this is enough to fire Berg ASAP. It’s no wonder WS is hesitant as the EU is a good 2-3 years away while no one seems to see the opportunity at the end of their nose. Scripts verify my argument.
In the past Pfizer has purchased shares in a company it's interested in buying; I do agree a USA partnership would be a healthy step forward. In any case there are millions of dollars to be made in the USA, so why not go after it?
Yes, the company is expending unnecessary energy on GIA in the EU, rather than the original gravy train in the USA which led to $26/share. Anyone who doesn't grasp this, or the opportunity to reinvent the firm for a BO, is IMO clueless. That's my sincere answer. Thank you.
Pro-USA Strategy: "Ask your doctor for Vascepa, unlike generics, only Vascepa is approved for CVD."
I 100% agree it makes no sense not to exploit the USA for two very key reasons: (1) Increase quarterly revenue despite illegal CVD generic competition, and (2) Even more importantly, prove Vascepa is a multi-billion opportunity to the BO candidates.
And (3) Use the above quotation in all advertising to create liability concerns around illegal patent-breaking CVD generic and insurance companies. Hit them where it hurts.
And (4) Publish a new pamphlet focused to primary physicians addressing those issues old and stale to most of us (e.g. mineral oil), but nevertheless, take on the debate and promote the data.
The USA market is FAR FAR from worthless, and Denner/BOD needs to grasp this. #2 above is a very important strategy. I also think this is why Aaron B needs to also be fired because he doesn't even defend his own territory in the USA--this is most disturbing.
Berg's making a freakin' six figures yet he was FULL OF EXCUSES. Come on Alex! Get you and your team in motion because you TOTALLY BLEW TODAY! TOTALLY! "Oh I'm so sad I've only been here 2 weeks," Berg moaned. And Ketchum, "What R&D?"
Today's SCORE: DENNER = F
Let's just be honest longs. Yer all mad too, aren't you? All of these people could have been coached and scripted, but no, and we suffered.
Alex Denner = F (Q1 2023)
Denner/Sarissa are NOT EXEMPT from SCRUTINY
Today totally stunk. The FAILED USA CEO has been given the helm. ARE YOU KIDDING ME??? And BERG paid six figures appeals: "PLEASE FORGIVE ME I'M NEW ONLY TWO WEEKS!"
Come on Denner! Ketchum was TOTALLY OUT OF THE PICTURE because clearly you cut his budget AND THAT STUNK TOO!
THIS WAS DISASTER TODAY AND I'M NOT GOING TO HOLD BACK. I am so angry right now
BERG = EMBARRASSMENT. Fire him Sarissa and get the right people in position.
Ketfchum didn't know what to say because Sarissa has clearly cut R&D. Okay, then fire him too!
Fire LIsa! Start firing! Honestly Fire!
Fire Berg NOW because he's not cut out to lead even the USA. FIRE HIM!
Parody
"Oh hey, everybody I'm so new he-haw he-haw!"
Silence.
Honestly IHUB investors: We have the FAILED USA President leading right now. IT'S SICK PEOPLE! TRULY SICK.
My close friend just showed me this weekend his trig = 60, thanks to Vascepa.
Triple by-pass 50 yr old seeing a new lease on life in his sixties.
Yeah, we believe the science.
START THE CELEBRATION Tuesday night!
In a dramatic set of events, private investors, yes YOU ME WE we got rid of THEM!!! Bye bye you freakin share suckin' BOD! Bye bye Karim!
Come on team! Where's the excitement? Start the party! Can we party all night? Yes we can!
Amarin's about a WHOLE NEW FUTURE! Thanks Alex! Bring it on as yer friends in the HF world get ready to buy us up!!!
Up! Up! Up! We go!!!!!
I applaud Jasbg post. It captures exactly how I feel as a shareholder.
I am calling upon private investors to celebrate tonight. We won a major victory and brought them down. Go Sarissa! Go Denner! Maybe Berg will surprise all of you and say, GO BABY GO!!!
Boys n Girls!!!
The stinking old BOD is gone... no longer to rape shareholders of value.
The age BOD chair whatever his name was... GONE!
The $6M failed CEO plus shall we throw in Germany... oh man... millions... when does it stop... GONE
According to CapB, revenues are still there... and so is cash-reduction spending.... BUT can any of you see beyond????
I can! I see Amarin rising from the ashes because of what's unfolding. Come on gang!
I'm struggling to find how this quarter will be bad. Honestly!!!!
We entirely swept out the BOD, its director, and CEO --Whew! How often does that happen?
Plus until we're informed the rest of the Amarin team seems to be working with the new intiative even though we expect more departures (if necessary).
AMARIN IS MOVING FORWARD (CAPS intentional) I honestly excited! Isn't everyone!
The path to recovery IS NOW... Let's celebrate tonight going into the morning!!!
There's every reason to think positive when Denner steps in, as he has, and now his team is guiding Amarin forward and very apparently respecting those at Amarin who deserve it.
Denner's going to make this company great, the way it should have been.
Tomorrow's Expectations: First, didn't Amarin get some $$$ for a partnership or am I wrong (Australia?)? Wouldn't that cover the selfish $6M KM/BOD spend before they all left? Second, didn't CapBeer predict a figure that should cover expenses? on revenue? So why so glum everyone.
I'm not. We've been fed so many lies in the past, tomorrow can't come sooner.
Okay, so Sarissa BOD go in and clean up administrations, operations, and grandiose salaries. That's super but there better be much more.
Honestly why is this IHUB discussing fallacious shorting connected to Sarissa? Can we not return to FACTUAL information? Dare we discuss recent appointments or the 10K? I'd far rather read everyday theories about how do we get to a BO and prices and stuff like that!!!
I read today's 10K and got the impression KM and friends were fleecing the company. Why is no one talking about that? This chart-stuff is pure nonsense.
Regarding 10K, Where did old compensation/renumeration committee DOCK KM for losing $10M in Germany? Or did that just get swept under the table? Lots of nonsense and funny business.
Sarissa per SEC documentation is not doing what you imagine because it's all in your imagination. That said,there are likely other off-shore entities which are.
New BOD O'Connor is Amarin's PUMPER and Ms. Mercier DEAL-SIGNER. Things are moving fast.
Amarin is UP FOR SALE.
Two ASAP Denner focused moves...
O'Connor who then introduces the BO lawyer specialist...
Ms. Mercier...
I could be wrong but to get to $25 again, Amarin would have to show a new indication potential like Alzheimer's and if they did, then it's more like much higher it goes. I don't think statin combo will do it, but Vascepa II the next generation for CVD alone would sure help. I'm among those who see no more than a 12 month clock ticking, but not more because those European patents are a big issue here. Sarissa I think brought in O'Connor because he's going to RETELL THE VASCEPA VAZKEPA STORY in a major way. Ms. Lawyer is definitely out shopping the firm, so let's cut some more off the Executive team ASAP.
Exactly! Go-it-alone is DEAD. It's now ASAP expedient move fast ONLY SERIOUS BUYERS PLEASE! Tonight sealed the deal!
Ms. Mercier has commenced actively contacting BP to entertain to BO interests (her specialty). It's definitely in motion thanks to O'Connor's sudden SEC filing having just joined the board. Expedience people. Denner wants Amarin sold ASAP but he will drive the price much higher. The ole' GO-IT-ALONE strategy is DEAD people. Amarin is officially up for sale.
FOR SALE: Amarin
Given Alex already tipped us about his own feelings, and with O'Connor's appointment and immediate SEC filing, it's only appropriate to announce to Wallstreet investors: "Our dear Amarin and Vascepa/Vazkepa are up for sale!" With Mr. Mercier's entrance, and action steps in motion, Alex like ourselves knows imminent, immediate, aggressive, with-a-short-timeline due to patents, is expedient. These are exciting days ahead as Alex will thru orchestrated press releases, rebuild the company's value.
Therefore, on this eve of 28 April 2023 we announce what is obvious. FOR SALE: AMRN
I find it interesting Mercier's appointment was announced/filed by Amarin's latest BOD O'Connor. Coincidence?
Ms. Mercier has quite the experience...
https://www.goodwinlaw.com/en/people/m/mercier-jacqueline
IHUB survey: what BO price would you accept let’s assume a share price above your average?
Long above $15 which is much below my original hope, and by year end.
To Sarissa: What is Jordan Zwick, Donna Pasek, Lisa DeFrancesco doing in VP high salaried positions? Not to be mean, but why are they still here? Come on, let's announce some cash saving lay-offs and how the company is going to be lean and mean!!!! STRIP THE MEAT DOWN TO LESS THAN 200 EMPLOYEES.
You Sarissa added to the BOD--How about eliminating one of your own??? Where's the beef?
For once and for all, when will Amarin hire a mass media guru age 18 who knows how to flood mass media with all the good things???
a GOOD many of us could buy 10% or more of this firm and tell Alex to get in line. Yeah we're impatient... start communicating Denner...
Sarissa (Alex) Time as you said is of the essence...
Looking forward to how you lay out the future at the next conference call. Yes?
Bra, I'm not convinced using mass media MUST BE EXPENSIVE. There are so many savvy avenues to get the word out and I'd hire an 18 yr old who knows how to work the system--I really mean that! Mass media does not need to be expensive.
Well in IMO, wee Mr Stockboy what a silly name!