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.
Kiwi,
No hetero FH in the tree that I've been told. I am no longer on statins, they were playing serious games with my muscles. Only on a blood pressure pill since the two stents were put in and my BP is usually about 110-115 over 70-80. I play squash a couple of times a week, curl once and work outdoors as an assistant golf course superintendent. Walk a lot, waist 35", weight 201. Always a little higher in the winter because I hate going out in the cold, so if I don't hit the gym or squash court as much as the summer, I put on a few extra lbs. 4gms of OmegaVia is doing the trick so far. I'm actually in Buffalo this weekend to play in the US National Squash Championships and have a shipment of OmegaVia being delivered to the club for me (I'm not Scottish, but I'm pretty frugal).
Rose,
You are correct, my first test and Dr. Sears is not inexpensive, however, at this stage of my life, it is money well spent I think. My diet has been pretty good for the last 4 years, I exercise 3-4 times per week and have boosted my intake of salmon and trout to 3-4 times per week. As for genetics, that is what got me into trouble in the first place. Father and grandfather died from heart attacks and I had mine 3 months before my 59th birthday. That was the age my father had his fatal attack. Lucky to be having this conversation, but glad to listen to all posters.
Thanks for the response JL, I appreciate your input
I am not able to get an AA:EPA test in Toronto, so I sent for the Dr. Sears test and just got the results back. My AA:EPA ratio is 1.7:1. Apparently, I'm in the 98th percentile for the people he tests with regard to Omega 3's in my body and in the 2nd percentile with regard to Omega 6's. Overall, my ratio is in the 1st percentile. Not really sure of these results and what they mean, but they sound ok to me and if anyone can enlighten me, I'm all ears. As a reminder, I can't take Vascepa because it's not available in Canada, so I'm on 4gm of OmegaVia EPA thanks to Kiwi.
You must be a masochist, another Amarin?
Sorry Mog, I thought that Bedminster was in Northern Ireland, not New Jersey. We don't get out much in Canada. Any suggestions why?
Probably because they will be in Ireland, 5 hrs ahead of us.
Raf,
Did they send out a PR about that? I don't see any mention of the 967 number in that release?
Hey Raf,
Speaking of "sticking to substance", where's the substance your talking about in this post? Mog "is spreading unwarranted fear and uncertainty" but you are spreading ???? Whatever you are spreading about Amarin, certainly contains no substance.
GG,
Best I can do is take 4gm of OmegaVia EPA. I realize it's not as pure, but it's the best I can do until they apply in Canada.
My apologies for singling you out JL, your name just came to mind first. Must be the impact you have on this board. I may not be as wise or aged as you, but have spent many years in the investment industry and know a thing or two about life in this business. I am not a huge fan of BP, nor did I say I wanted BP to take over AMRN. My point was that the current AMRN is not in a position over the short to medium term to make this a superb drug. Partnerships, licensing, building a creditable sales force are all very viable alternatives to the current path. The problem is these will all take years to implement completely (China) and that lag time is what I was referring to. The drug is not available outside the USA and approvals will take many years to get around the world. I understand that the USA could be a huge market in itself, but, IMO,this won't happen overnight, hence my comment about our children and grandkids being the beneficiaries of this great drug after we are gone.
It would be nice if AMRN got approval in Canada to sell the drug. Obviously, not as big as the states or Europe, but certainly a population not dissimilar to the USA
Raf,
I live in Toronto, so am unable to take Vascepa because it isn't offered up here. Along the same line, the two companies that do blood testing up here do not know anything about the EPA:AA ratio. Even if I wanted to pay for it myself, instead of insurance, it is not offered. This is going to be a really slow process and I'm not a believer, like JL, that Amarin has the ability, now or in the near future, to GIA. Perhaps once we are gone, our children and grandkids will reap the medical and financial benefit from us being dedicated to the concept of EPA and holding AMRN
Raf,
I didn't realize that Kiwi was a scientist either? Perhaps he can help you with the Japanese literature though?
Raf,
Perhaps you can comment about Amarin's quote that the trials with 170,000 patients showed a correlation between LDL-C lowering and CVD?
DOWN
Unless I'm mistaken, didn't HDG say that to meet the primary endpoint at interim, 22% is required? While 20% is significant, it is not enough to stop the trial at interim and hence Kiwi's negative stance on the stock price. As for his cardiologists, if they're like mine, they haven't got the time to read all the reports out there. I send my cardiologist a lot of what I feel are good reports put up by Zum, however, he recently told me that he hasn't got the time to read all these, and other, reports that are submitted to him. He has his selected reading and finds time to read some other reports, but there are not enough hours in the day. I can't believe that there are many doctors out there that would go "all in" on any new drug trial, simply because of the tiny chance that it will be a home run, IMO.
HDG,
I will stick with the same dates, but after the successful interim look, the trial will continue
HDG,
The trial will be successful, but continue to completion. Placebo arm will be included in Vascepa treatment after interim readout
Realizing that it doesn't happen too often, I see that a drug, today, was stopped early by the DMC in a Phase 3 trial. Opdivo met its primary endpoints and was recommended to be halted and placebo group offered the drug. Maybe things are looking up, potentially.
HDG,
Just to clarify on the contest, I am of the belief that the trial will be a success at interim, but will continue, with changes to the placebo group. If that means a "stop", I agree. If not, then I say continue to end.
Nice to see the stock at $1.60, but where is the volume to sustain the move?
Try margin selling. Firms selling out clients that require more equity in their accounts. Easier to collect cash by selling stock that isn't marginable. After that was finished, the volume is back to normal, none to speak of.
Why, it's up $.07 already
And Marz, "if the dog hadn't stopped to have a sh*t, he'd have caught the rabbit".
CJR,
Some would say the same thing about IBB back in the spring/summer. You, unfortunately, can't compare apples and oranges or cherry pic your data. The high is the high for whatever reason.
A very wise sage once told me that "a stock can go down on no volume, but it can't go up without volume." Until we see a major catalyst, the upside is surely limited, especially with the way the big markets are behaving.
JF, I live in Toronto, and as such, am unable to obtain Vascepa. Kiwi put me on to Omega EPA about a year ago. My counts have all improved and I don't take statins anymore due to muscle issues. My cardiologist is quite happy with the counts, but would like to see me loose a few more pounds. With the exchange rate and Ontario taxes, Omega is almost as expensive as Kiwi's price for Vascepa, but it's all I can get up here.
works for me
I won't hold my breath, BB.
For what it is worth, yesterday saw AMRN pull back to a significant Fibonacci level. If the level $1.70-1.75 holds, the next leg up should take us to a minimum $2.50, possibly as high as $4.80. This of course will depend on the market's direction in general. With our timing on RI, unless the market tanks soon, I'm in favour of the upside. Put my money where my mouth was yesterday.
See that JT didn't sell any of the RSU's he received at year end. Kennedy did though. He's got to tell his wife to stop spending.
Sounds more like a Christmas wish list.
Perhaps his wife likes to spend? Wouldn't be the first.
Sorry Raf, but you're now on ignore. You are out of control.
As I said BB, Vascepa isn't available to me in Canada. If it was, I would probably save about $80/month and know that I was getting a continuously good product
I have been on OmegaVia EPA for almost a year, since Kiwi mentioned it, and have had no problems what so ever. I opened one up about 6 months ago and it smelled ok to me. I've been taking 4g per day, my counts are good and I don't have the nagging muscle issues I once had when I was on statins as well. I'd go on Vascepa, but it isn't offered in Canada.
Hi Sam,
Thanks for the update. For real, an almost 10% increase within 2 weeks? Seems a bit steep to me, however, it would be great to see.
Mog,
If you want a say in a takeover, put a slate of directors together and vote the old guard out. It's that easy. The hard part, of course, is getting enough votes to oust the existing directors. Insiders don't own much, it's the other tutes and retail guys, but as you point out, only 20 odd percent is owned by tutes, so the rest must be in the hands of retail. Good luck, because at the last meeting the current directors all received over 90% support.
Just another $160 Bil off the table for an Amarin purchase.