Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
They seem to struggle with that concept. I’ll get the right votes submitted, As a10+ year owner we need a change.....
Having a very hard time getting my blue votes. Neither Sarissa or Vanguard have been much help, Can I still vote for on all white card choices? Is this the same as voting for on the blue card.
Anything we can to to help these patients?
CBS news
"The Centers for Disease Control and Prevention announced Thursday that it will convene an emergency meeting" of its advisers on June 18th to discuss rare but higher-than-expected reports of heart inflammation following doses of the mRNA-based Pfizer and Moderna COVID-19 vaccines.
So far, the CDC has identified 226 reports that might meet the agency's "working case definition" of myocarditis and pericarditis following the shots, the agency disclosed Thursday. The vast majority have recovered, but 41 had ongoing symptoms, 15 are still hospitalized, and 3 are in the intensive care unit."
Does the stock go up or down after Thero does his dog and pony shows.? Thinking of selling some before his presentation and averaging down after his talk.
Sorry, Facebook page
Can someone who knows options comment on this post from Amarin FF group page. From this morning.thanks
Almost 2000 years ago, today was a day of despair to the followers of Jesus. A day of despair, because they didn’t understand what was really happening, and what was about to happen for them. I think the same is true today and I am going to try and share some thoughts with you regarding Amarin.
I used to be a cop. I was trained to look for clues. The clues tell the story. I am going to point out a few clues some of you may have missed this week.
First, the players: A-the company looking to be acquired, B-the long suffering investors in “A”. C- the clients of “G” ( who always come out on top). D- the judge who makes a bad decision in a court case involving “A”. F- the company looking to buy “A”. G- the financial orchestrator of the deal. T-the tax man, who always gets paid.
Our scenario: “A” wants to raise money. They go to”G” who sells “A”’s stock to “ C” at $18 a share. “B” believes that “F” is going to buy “A”. A joker pops up in the deck when “D” makes a bad court ruling on Monday night, and the stock of “A” crashes down to $4 a share.
As “A”s stock is crashing down Tuesday morning, an unknown entity purchases 20,000 option contracts with a $12 strike price that expire on 4/17. These are purchased for .02 a share. Then, an unknown entity purchased 30,000 option contracts with a $13 strike price for .02 a share and they happen to expire on 4/17 also. In order for these contracts to be good the stock has to at least triple in price in two weeks! Pretty risky business? Maybe not!
Understand this, in order to sell 20,000 option contracts the seller would need to own 2 million shares. This block of 20,000 contracts was sold in one transaction. The block of 30,000 contracts was also sold in one transaction and that seller would have had to own 3 million shares. While this was going on, someone was acquiring shares at about $4 while everyone else was selling. By the end of the day Tuesday 114 million shares were sold. By the end of the day Wednesday another 97 million shares were sold.
If “G” were the buyer of shares at $4, they could have sold the $12 options. They would also make a 100% a week profit, (for 2 weeks) if those calls were exercised. They stand to make more than that on the $13 calls if they are exercised.
A closer look at the “A” options last Saturday revealed that there were 498,003 option contracts out on the company expiring from 4/17/20 until 1/22/22. Of the 498,000 contracts, 277,153 contracts (55%) will all expire on the same day, 4/17/2020.
If “F” were to bid $100 a share to acquire “A”, then “A”s share price would go to just about $100 almost immediately. If that were to happen, the . 02 investments in the $12 option would be worth about $88 each and the .02 investment in the $13 call would be worth about $87 each. ($100 share-$12 strike=$88 and $100 share - $13 strike =$87) Remember, the unknown buyer, of the $12 options, bought 20,000 contracts which represent 2 million shares at $12 strike price. A $40,000 investment would return $176 million. The unknown buyer of the $13 options would invest $60,000 and would return $261 million.
Are you following the clues? Do you see what’s happening here? It even more astonishing when you look further up the option chain. Some of the higher strike prices, $14, $15, $16, $17, $18, $19, $20, $25 etc. were selling for .01 after the meltdown on Tuesday. There are over 73,000 contracts ( representing 7.3 million shares) out on the $20 strikes and over 39,000 contracts (representing 3.9 million shares) out on the $25 strikes.
If you were “F” and you were to bid $200 a share, your profit per share more than doubles because you do not subtract the strike price from the additional $100. ($100 bid -12 strike=$88 but the $200 bid -$12 strike =$188. Also a $300 bid -$12 strike =$288.) Remember this is for every .02 you invest . Your return on a $300 bid would be $14,400 for every penny!
Realize this: 1) if you are “F” you are in total control of your profits. It’s not a risk to put up the option money if you know you are going to make the bid. In fact the 277,000 option contracts represent over 27 million shares and a lot of these contracts were bought AFTER “D”s decision. 2) Just like buying a house, you never put the entire price up out of your own pocket. You put up the down payment and finance the rest. Buying the options at .02 and .01 would certainly be a way of raising the down payment. 3)Keep in mind that a potential buyer of Amarin just went to the bond market, the Friday before “D”s decision, and borrowed $1.2 billion at 2.6% for 10 years. They did this with over $39 billion in their bank account. Could they have been testing the waters? 4) could “G” have orchestrated the deal, and now “C” walks away with a tremendous profit on their $18 investment, if the bid is $100 or more? 5) the entire week, everyone’s attention was on the appeal of “D”s decision and this went on right out in the open. Are we about to get an offer on Monday morning? Is that the real reason for the press conference on Monday afternoon? One thing is for certain: if it does happen, everyone walks away happy and “T” stands to receive between $10 billion to $40 billion in taxes.
Its always darkest right before the dawn! What we thought was going to be the death of us, “D”s decision, may, in fact, be our saving grace. It makes this whole scenario possible. Easter is all about renewal. I believe God has not forsaken us. Happy Easter! I cannot wait until Monday! Good luck to us all!
How long would it take for generics to get to market?
Generally speaking, coming from the hospitality business, the tip should be based on the full price not the discounted price. Yes you
Aren’t getting the full service
But you are an Amarin stockholder and they Really meed the money.
ORBAPU, Glad to see that there are at least two of us on Kauai. Working on a couple of Mai Tai cocktails myself here in Princeville.
Power lunch just announced AMARIN up next
10:40 pm Wednesday night( tonight) in Hawaii.
Talked her put of doing anything stupid using my charm!
Mine too!
I see my cardio guy this time every year. Last year he had nothing good to say about Vascepa. “ just another fish oil”.
Today I quizzed him and he couldn’t say enough good things about our drug.
What a difference a year makes!
I am in Rome for a few days if you want to pedal this way. Lol
God bless Amarin!
Any chance this meeting is for something positive? With the late meeting date i sort of doubt it.
So what is the best strategy to survive this?
I have 31k shares.
Amarin press releases
When I retired 2 months ago I expected to be buying my next classic car and planning a long trip to Europe in the fall. Now I find myself still doing those two things and buying more Amarin at bargain prices. What a life! Thanks to all who keep me long and strong.
Does anybody invest with Fisher? They seem to spend a lot on marketing, advertising and promotion. Someone has to pay for that. If invested how has their performance been? 1.5% ++ on 500k min investment seems to be expensive.
God Bless Amarin. What else is there to say. Today is Wednesday and my retirement is only 3 days away.
Beware the Ides of March,
didn't work out for Julius Caesar but couldn't be working out for me any better. According to Roman history it is also the traditional day to manage and settle debts. Just saying!
3 more days to act like I care and then off to the world. 30 day road trip in Fl in April, rest for the summer on Kauai( my home). Move to my wife's home country, CZ Republic for 3-4 months.. Rest for the holidays and then Australia/ New Zealand in spring 2020 and end up in Japan in the fall. Always wanted to see the snow monkeys in northern Japan. 2021 looks like Europe again safari time in Africa. Might slip in a little Dubai in between.
Will also take the time to replace the 1967 Mustang Shelby GT 500 I owned in the 80's and 90's. What a beast that was. Need a new daily driver so Mercedes factory in either Sindelfingen Germany or if I get an AMG Mercedes I will have to go to Affalterbach. Decisions decisions decisions. Thanks to all who have kept me in the game for the last 6-7 years. There were some dark days for sure( post Adcom) but you all kept me going.
Aloha nui loa
MrFresh.
As I said yesterday I was planning on giving my two weeks yesterday. I did and what a great feeling. With our corporate handlers coming in next Monday my boss needs to figure our what is riskier for him. My resignation was earlier than expected because my hotel is being run by a bunch of folks who are in their positions for the first time and are bungling decisions left and right. Tossing others under the bus has become an epidemic that even Vascepa can't cure. Turns out that the confidentiality that HR always touts isn't really true. Could go on and on but anyone who has worked in a mid sized corporate world understands. My exit was a little rougher than expected because amateurs don't like being called out. We ended ok but he still needs to figure out if I would spill the beans to the bosses if I am still around. I am too professional to do that but he can't take my word for it. I understand. It will be interesting to see what strategy he takes. He could post my position( meaning his bosses know) and let me go this Friday saying sudden early retirement or keep me around for the visit and trust me. I am sure there are other options that I can't imagine so we will see. Sadly there are two more senior leaders who could very well pul the plug this week for the same reasons as me, I was just the first. How will he explain this to his bosses if they go also?
Long and strong in Amarin!
So many doctors to educate. I was listening to a NPR radio show yesterday while driving home and a local internist, who has a wellness show, was talking about statins and how they may not be right for everyone. She suggested that Pcsk9 therapy might be something that people should look into. I guess she forgot to mention that the cost for that is north of 14,000 and an injection. Oh Amarin detail people please call on as many doctors as you can and quickly. People are dying out there.
Thanks so much. My boss called in sick today. Do you think he is resting up for his big day tomorrow?
My heartfelt thanks to all who have kept me invested in Amarin these last 7 years. My position has gone up and down( as far as 0 holdings) but through my own DD and this board
I convinced myself to get back in. Tomorrow begins the first day of the rest of my life.
While I have been thinking ( dreaming )about retirement for those same 7 years my plan was always to wait until Amarin hit THAT price that made my own GIA plan come true. Never more said the Raven.
Last week was a good week for me. In addition to the increase in my Amarin position my company paid out the annual bonus.
My hotel had a VERY good year and I received a 30% of base salary as my share. Hotels tend to put so many milestones in the bonus plan that it is very hard to achieve the max payout. I did miss one of these " got ya" metrics but it only cost me an additional 5%. This wasn't even one that I had control of so I am ok with that.
My boss thinks that his his senior leadership team( 6 of us) are all happy as clams however not true.
I plan to give my two week notice tomorrow. Another was recruited to another hotel but she used that as leverage to get a big fat raise. Another had a 3rd interview last Friday and a fourth is being recruited to a neighbor resort for big money. ( a benefit of living on a small island( Kauai) is that the talent pool is small and everybody moves around frequently.)
Just imagine what a day or week the boss will have if we all pull the trigger this week! And the kicker to all this is that the top 3 folks in our ownership group are coming in a week and I guess there are 2 choices for the boss. Be honest and let them know that we are all leaving or cut a deal with us to keep our mouths shut until after they all go home and let the" abandon ship" distress call leak out slowly to give the appearance of a "Happy Happy" place. He really doesn't have many good options and wait for it, wait for it---I don't care.
Again, a very big THANK YOU to all the great people on this board and even a thank you to those negative nellies who stir up the discussions.
Time to go try and convince the wife for the 50th time that my plan is a good plan. Her concern is she doesn't want me hanging around the house all day. I understand that but too bad. I will figure out something. I do live in Hawaii and there is plenty to do.
As they say, Old Guys Rule! Time to get out. Lots of things to do. Found out I could rent a 911 for two weeks in Europe for an epic drive through the Alps( if you have never been to Furka Pass in Switzerland you should go. Featured in Goldfinger.
Thanks to Amarin I can afford it, no sweat.
I am almost 70 and still working. I am running a 30 million dollar hotel renovation. Safety is a big part of my job. Our contractors recently cut a high voltage wire and didn't say anything to anyone until a casual comment to my evening shift guy. The violated major OSHA laws by not securing the energy source as required. They also should have told me as the boss.
I wrote a professional email to the construction company and my boss about the lack of notification and how they put my staff, their staff and the hundreds of guests who count on us for a safe visit in harm's way.
I got my a** in hot water Friday and was told " no more email".They must not have liked this issue documented.
No wonder I had to see the doc yesterday, pretty sick now.
I have decided to cut my employment short( was going to stay until renovation was over in the fall). There is a 20,000 bonus payable any day now but because of my Amarin holdings I don't care whether or not I get it.
God bless the Amarin team for setting me free.
Finally my primary doc got to read about Reduce-It in NEJM, Jan issue. When I went to my appointment he announced to his staff that" Mr. Reduce-IT is here. I got him interested a few years ago and now he says it is great( 25% reduction) and will prescribe more often. When I went to fill my scripts the pharmacy dude commented that insurance companies are finally getting on board. Music to my ears.
Trying to decide how much I like to gamble. Sold 4K in the high 17's. Last fall , post 9/24. I did a back door Roth switch which now has me owing a low 6 figure tax bill in April. Fine with that as I believe long term the tax benefits in the Roth will be worth it. Thinking about taking that $$ and buying back in around the low 15's and hoping to catch some more upside gains before I need the money April 15. If it goes back up in the next 4-5 weeks I could pocket an extra xxxx either to purchase more shares and lessen my tax burden. A bird in the hand is worth 2 in the bush but the swings in prices are attractive.
When I told him how many shares I had and what my cost was he was sorry he didn’t give me some $$$ to invest. That made me feel a little better.
Don’t know but the folder he brought out looked something from a conference. I was so surprised at his response I forgot to ask where it came from. It was red and white if anybody has seen one before. Seemed to be all about Vascepa.
No, he won’t write the script yet but my primary will on Thursday, he likes V
Just got done with a visit with my cardio guy in Honolulu. We have so much to teach these guys. He started out comparing V with DS, which he hates. He talked about the DS studies that failed. I got him to understand that V was not a DS mixture but pure.
Got him to go to his desk and get a brochure on V. He started reading it and got a little bit smarter as we talked. I mentioned the % reductions from the study and he said if they were true that would be significant. Would like another study and to see what the FDA says. The saving grace is that the Hawaii regional has become a friend of his family. I hope she can educate him. He respects her very much.
I still have some NEPT , not sure why??
Don't believe so. Here is lo
I ink to yesterday's presentation on NPR
https://www.npr.org/sections/health-shots/2018/12/03/672990317/before-starting-a-statin-talk-it-over-with-your-doctor
Just sent an email to Mr. Harris with a link to December’s investor presentation.
I hope he takes the time to consider Vascepa.
I am so angry. Listening to a NPR report on the current over use of statins, side effects bla bla. Not one word on Vascepa. Richard Harris authored the piece. We need to get this guy up to speed.
I too set a 70 price at around August and Vanguard let me. Took it off in Sept.
Me too. Figure since I just caught lightning in a bottle once with Amarin that maybe there is a second one coming.