Is it possible Denner wants the share price low until he can complete buyback of shares?

There is no way of knowing anything because he does not communicate a thing. That is a big reason there is zero interest in this stock anymore. Nobody knows their vision or plan. But I certainly think without doing a BB the stock will have a very hard time getting in compliance by May.

I really doubt Denner wants to sit around another 3 or 4 fours waiting for revenue in these countries. I am guessing he wants France and then will try and sell this for like 4 a share. He wants more I am sure but that's probably about all it will be worth.

I doubt it has anything to do with tax loss selling. Approvals have never moved the stock price at all. Only three things will move it.

1. Revenue in ROW and Europe that is not moving at a snail pace
2. Buyout rumors.
3. A buyback

There are paid bashers all over on message boards. He clearly works for somebody but he will never admit it.

Germany is not happening anytime soon. They just need to get France and then sell this thing. Approvals wont move the stock price as they never have. Only revenue will move it but that's years away so a sale in the next year should be the real goal.

They can announce it but I don't think they need permission. I owned one company that did one and I don't recall a vote. Either way it destroyed the stock and it never recovered even though the company did. The shorts have a field day after a RS. I just don't seen anyway they an get this over a buck in time without doing the BB. There is not going to be enough revenue by May to get this over a buck. Just hard to imagine two years in from denner and things have never looked worse.

The guy has not said a word in almost two years. What makes you think he will suddenly share his plan? I have come to fully expect dead silence from them at this point. If they are not buying back any shares in January it is beyond clear they want to be delisted. But like I said if that is the plan Denner can forget about ever winning another proxy again nobody is ever going to give him control again just so they can gets scrwed over by him.

A reverse split is a complete disaster and will destroy what little value is left. Its almost better for shareholders if he does take it private and they at least will get something. I mean if this drops to .20 cents is he really going to do a reverse split? With the possible loss or Italy now what is there to move this spain is really the only thing denner has accomplished? It appears to be a dying company right now and I think shareholders would approve a private sale in six months given the not so good outlook. No public company is going to want ot buy this with no approvals in italy, france, and germany.

It is pretty clear after almost two years the only investment Denner cares about is his own. Now I dont see how he ever wins another proxy again after this complete fiasco but maybe he does not care about that anymore.

Very possible.Denner has a BB he could use but he has no interest is using it. His plans to take this private become more clear by the day.

I am not sure whey you have not sold any? Do you honestly have that much faith in Denner. I think it is becoming clear what his true intentions are with AMRN and making shareholders money is not one of them. Saying they would be approved in Italy was simply another AMRN lie to try and settle down retail just like the BB lie. You say by march we will know denners plan. So two years after he took over we may finally know his plan? I mean that is just absurd. Denner appears to have scammed us all.

Hardly a surprise if Italy had been approved we would have heard by now. Just take this thing private and put it out of its misery at 3 a share. I really don't see how this company can move forward without Italy, Germany, and France. And who is going to want to buy this thing when your only real sales outside the of the usa are england and spain. Whatever Denner's original plan was it is not working at all. Somebody might be willing to make a low offer on dwindling usa revenue and small row revenue. Thats probably the only option left other than going private.

The said part is this is the only kind of press release they can come up with. Nothing of real news.

Not so sure there are any other options left at this point honestly. Declining revenue and nothing happening mostly in Europe. Still amazes me denner was buying this stock at over 4 a share given he is supposed to be some sort of genius. He clearly miscalculated Europe big time. My remaining shares are at a 2 bucks cost basis. Give me a 3 a share and I will gladly exit this nightmare forever and never look back!

I certainly agree with your below post. It is basically a startup company with one drug and the it all hinges on approvals is germany, france, italy , and china which could take years. I fully believe Denner intends to take this private now and that has probably been his plan for awhile. The actions of denner and the company without a doubt show shareholders are the least of their concerns and why I have been selling before the stock before it is worth nothing. Its been a bitter lesson but putting faith in a one drug company run by a hedge fund manager now looks like a really really bad mistake. Glad I have made up most of my losses already.

en the current business situation or lack thereof, Amarin has no reason to be a publicly traded company. I consider its current status as a start-up company with no debt and tons of cash and patents

Going private is most likely what denner wants. He seems more than happy to let the stock fall even lower.

Roon71

of 431417
RMB, I have no way of knowing Denner's true intentions. What I do know, is that he is up to something. And my gut tells me it is not going to be good for shareholders.
Jron,

Probably the most accurate thing you have said in a long time. You have stated for a year he has something cooking and yes he does. But you better believe it is NOT good for shareholders. Denner is not up to any good right now and the complete joke of an investors conference proved it. Its clear as day with the dead silence the last 1.5 years and two top executives leaving. They clearly are not interested in communicating with shareholders and I firmly believe they want the price as low as possible. I hated selling most of my position at a loss but the writing appears to be on the wall and I would rather get something then nothing. You are gutsy to hang onto all your shares at this point honestly.

Anyone purchasing now has balls imo. There is just nothing here that is going to move this stock anytime soon. I think the reverse split is probably going to happen because they refuse to buyback any stock. Nobody in a million years could have ever thought denner could drive this stock down to .46 cents.

I mean I suppose but they have been talking about Italy for months and still nothing. And what makes you think sarissa will buy any shares they have not said a word in like a year? Remember when brave was going to be a catalyst? Denner has done nothing but destroy shareholder value period. Until he proves otherwise he is a disaster.


Extended timeline from Nasdaq is May, so there are a few catalyst that would improve SP.
Italy, appears imminent with the hiring of personnel
France may be approved by then (and we know it's a slow slog to increase revenue but it's the approval that matters first
The cancer study results might be positive and posted per North40000 timeline
Initiate BB versus RS
Sarissa purchase additional share

Because its AMRN is why. There is reason why other than that because nothing has ever made sense with this stock ever. Good luck with your buys I hope it works out.

Maybe thought they were starting to cut costs. Sure denner has kept costs down but seem now everyone is relying on court cases going our way. The problem with that is these court cases can take 3-5 years easily before they are ever resolved.

I think you see what the plan is its been almost two years and Denner is doing nothing different than the old management. I guess you just have to hope someday they can somehow make enough revenue in the Europe to be able to sell the company for like 5 a share. Not sure what your cost basis is but thats probably about the best they are going to get. The judge destroyed this company that is pretty clear now and a reality I finally excepted in the last few months . Just far too many headwinds for Denner to ever be able to get like 15 a share for this company.

Its amazing Denner has been around now for 20 months and still no approvals from the big three. All he has really gotten was Spain. They are basically selling in two Europe markets and that is it. Still not Italy even though they claimed it was coming. Hard to believe anything they say anymore.

I can always buy back in as I expect the price to remain low for awhile. But I said I would give Denner 1.5 years and I did but I was beyond disappointed in him and what he brought to the table. CEO's quitting, no buyback, etc. So I just felt it better to move 2/3rds of it to stocks I feel have much better promise going forward. So far on one I made up for all my losses on this stock. The biggest mistake I ever made was not selling after the judge destroyed this company. I thought Europe would be a good market to make up for it but boy was I wrong on that also. I also certainly will not count on any court cases those will take years at a minimum.

I have owned this stock for many ears and simply got tired of waiting on it the last few years . Given where it sits almost two years into Denner I felt it time to move alot of my position to a few other bios I have which many many irons in the fire in the next six months or less . Maybe I will end up regretting it but I just don't see this stock doing much of anything until they can show some significant revenue outside the usa, which is probably at least a year away imo. Probably the last two straws for me was losing the bog usa contract and backing out of the buyback everyone expected was coming. I can believe in the drug all I want but if they cannot sell it outside the usa it does not matter the stock won't do anything. And I have also been very unimpressed with Denner and especially by pumping the buyback simply to drive the stock price up but never really intending to do the buyback.

Yep still own 30k I sold about 50k in the last few months and put it in other stocks with much better potential. After almost two years of not seeing the denner master plan I needed to put it where i could actually make some money. Maybe someday I will get my money back on the remaining 30k but I highly doubt it. I had alot of hope in denner but after almost two years I can now see he is no different than the old management. Same old same old.

You have said over and over again denner has some sort of master plan none of us are aware of. The master plan has now been in the works for two years I guess but denner is jus waiting for the right time to release the master plan. Maybe just maybe denner is not the god everyone thought he was. The only master plan i see is they are trying to save money and hope and pray that europe somehow works out in the next five years

Says Denner REFUSES to buy back any stock this is most likely in the future next year.

bluebird bio Announces 1-for-20 Reverse Stock Split
Business Wire
Wed, December 4, 2024 at 3:05 PM CST 3 min read

Yeah just live BRAVE was going to drive AMRN to a 100 a share per Mr Stockboy.

I gotta give props to the guys still buying you are true believers in denner.

I have sold close to 2/3rds of my position now. I just cannot find any reason right now to keep holding as I don't see anything in the next 6 months that will move this stock at all. I hate taking the loss but in a hot market there is money to be made but it is not in this stock right now.

Yes it does but the issue is trying to get it approved to sell in countries outside of the USA. It does not matter if if saves lives if we cannot sell it.

Good risky investment at .58 cents. Horrible investment at over 2 a share like I have and why I sold half to buy into much more promising companies with multiple drugs.

Amarin refused to give him any board seats and now I guess I can see why. I think all denner really cares about is making his fund money period. If I had it to do over I would never have voted for him but I fell for the hype.

Most would probably have gotten out before Denner took over as it was over 2 bucks for awhile if they knew then what they know now. But back then the talk was Denner selling this for 15-20 bucks a share which now is just beyond laughable. I mean you can still get out if you put the money in the right stock. Only took me three months to make up my AMRN losses on the half my position I sold. Honestly wish I had sold it all now I am still stuck with half at a 2 dollar cost basis which I doubt the stock ever see's again imo. You can believe int the drug all you want but at some point reality sets in is where I got. If you are willing to wait another 5 years for Europe you may eventually make a profit but this is not a very very long term hold.

Solid advice sadly. There just is not much here for at least quite awhile.

Denner was supposed to have new ideas and do things different than the old crew. That was why he was given control. But sadly he is no different he is doing the exact same things and this is not going well at all. Sure he saved some money but what else has he really done? Got a few approvals in almost two years. Honestly the hype over him was clearly way overdone he is really nothing special at all really about the same honestly so far. Denner seems to be a member of the insanity club.

They my not intend to do a reverse split but they may end up not having any choice. Just what positive events are coming in the next six months to drive this over a buck? At the rate things are going we will continue to lose USA revenue far faster than we make up for it in Europe. Its a grim picture and anyone who says otherwise is lying. When you only have one drug you really don't have many options if things go south.

They have not cared to inform us about anything since they took over.

BO news would create an enormous share pop as many will look back and wish they had spent another $5,000 for 10,000 shares turning into $$$K.

You could say that about any stock. I have tripled the money I took out of this and put in another stock in three months time. Yet I waited on amrn for years only to lose. Its possible what you say happens but there is no guarantee we get the approvals. I will continue to hold half my position at 2 share though I still dont know if i will ever break even.