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Business as usual but they have to address the 25% revenue decline they are going to be asked about it for sure. Second quarter probably wont look too bad but third quarter revenue but be really ugly once that hits. Remember end of the year is when holt claimed things would really start cooking so if the third quarter stinks that is not going to be pretty.
Yes but no reason the could not say something about the BB.
Most likely but they will have to speak at some point to release quarter two results so they cannot stay silent forever. Be interesting to see what they are going to have to say.
As crazy as his post will sound to some of you he may be onto something. Why has the company gone totally MIA and refuses to answer anyone? I mean they are as silent as silent can be.
e_TheBull_Rogers
11:22 AM
$AMRN Just got a reply from Amarin asking about overturned case with HIKMA as well as asking about buy backs and how I saw the court approval
They replied 'No comment'
It was the askamarin email address.
I am nearly sure these guys are in a blackout period and its near to sold
Well they only shorted it down a cent at the close but this post pretty much sums up denner. Been an absolute fiasco. He will never win anoter proxy again imo.
54m
$AMRN End of quarter now, at essentially all time low since Sarissa/Denner took over. Three ceo's in last year. The science for this asset is impeccable Denner's management has been on a sleepy Joe scale. What say you, AD?
Many people think they are shorting. Watch them drop it two cents agan the close like they do every single day now. They clearly have no interest in seeing the stock price rise at all right now. But then again we dont know anything because they never say a word period. I bet if we tried to proxy them out they would suddenly be talking everyday like drunken sailors.
lol they are a total disaster so far all they have done is save some money. His CEO could not even last a year. Nothing else they have done is any different. But at least they are making money on their shorts day in and day out. The stock is at 69 cents that is all i know and denner is the worse at commicating than even the last crew. And that is very hard to top. He may let the stock run some once sarissa has got their fill but only after that. They dont give two shits about stockholders it all about this fund. The dude will never win another proxy fight again in his life his reputation is destroyed
Watch Denner put in another 100k short at the end of the session today. He does it day in and day out.
All i know is sariss is shorting the living crap out of this stock like you said months ago. There only goal it to make them money and if maybe shareholders make some along the way that is just a bonus. They dont give two shits about us that is obvious.
Not happening denneer will be long by that time after he makes sarissa money and sells. Anyone who thinks denner will sit around another three years in court is delusional
These discussions are pointless denner has no interest in a long term litigation. He is here to make sarissa money and sell the company. He doest give two shits about that. Right now they are shorting the crap out of the stock.
I get it. Alot of people think sarissa is currrently shorting amrn which makes sense. Somebody clearly is not allowing the price to rise.
The darn stock is at all time lows what are you expecting like another 30 cent drop. I mean at that point you are in the 30's with delisting right around the corner. You don't wait on a buyback things are bad enough right now. I really expect a sale by year end now.They aren't going to wait years on court cases they may not even win. I now believe denner wants out sooner rather than later. Let a BP take over and finish off europe.
Problay why the company did not even comment they are likely solely focused on ROW and Europe now. Whey waste all that time on money to try and gain back the USA which will take years and money would become an issue. Let the BP worry about that. One way or another AMRN will likely not be around in a few years so this is not a path they need to go down now.
If amarin is still around in three years then Europe did not work out at all. This company is not going to exist in three years it will either be sold of on the verge of collapse
Company will be sold by 2026 and if it is not that means Europe and Row have not gone well. But yes a court case would be years away.
Has the market ever cared about anything with AMRN other than revenue? No they have not. Sadly things like are a not event to the market revenue is sall that matter period for AMRN with wall street.
Anything is possible with this company that much is for sure. I miss the poster a year ago who said Brave would be excellent and the stock would go to 100 bucks. At least their was real optimism a year ago even though 100 a share was never going to happen. Brave has all but disappeared just like the companies communication.
If the buyback really is appoved it is clear they have no problem letting this fall as low as it can go as it drips back into the 60 cent range. But we dont know anything because they dont communicate. For all we know maybe denner is shorting the crap out of this. He is like a ghost.
Even a lowball BO right now would be hard. Unless there are lots of things Denner is keeping from us he has had 16 months so far and the progress imo is not that great. Stock is 25% lower than when he took over and USA revenue continues to decline. Nothing you can do but hold unless you want to take losses but its pretty hard to be vey optimistic right now given how incredibly slow Europe is and and we still dont know if we will get approval in France or Germany.
The 25% revenue loss is an absolute killer because it is not currently being offset buy ROW revenue. So yes most new investors are not going to have any interest in a stock with declining revenue. Things are moving far to slowly at this point to even likely generate any real interest from the market. The best is simply a sale to a BP in the next year once the get it back over a buck which the BB may have to be used to do.
Most everything regarding this company is just depressing at the momemnt and the BB was the one hope we to gain a little excitement and traction. Like you said to go it alone is is not the way to go and the sooner they can sell this thing the better. There are not going to get 20 share as was mentioned when denner took over but get 8 if you can and be done with it. Just too many darn headwinds always working against this company to get greedy imo.
Why would they sit around in court again for another couple of years when trying to sell the company? It makes no sense but then again you think they are shorting the stock to make money so by your theory a sale would not matter anyway. If they are just looking to make money anyway they can. I am surprised you keep buying more while per you denner is trying to drive the price down. Odd strategy. You went from Denner will sell the company for 15-20 a share to now they are shorting the stock to make money.
Nope I wish I had saved some of your old posts. You have totally changed your tune on Denner.
That goes against what you used to say. You said denner had a plan and things up his sleeve that none of us know about. You seem to be changing your tune on Denner. You also said once the buyback starts denner would start releasing all kinds of good news.
I mean in reality they could be looking to sell in the next six months. Everyone thinks are not going to do anyting until the big three are approved in Europe. But that is a year away at the earliest it seems. In reality we relly do not know they may be willing to hand it off to a big pharma to finish that part off. Just really depends on what Denner is willing to sell it for I guess.
Complete garbage. Other than hoping for a miracle there is nothing here at all. This company is a complete joke.
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Well if it was amrn buying back shares they certainly are not buying any today. The volume is very low so far.
Yep that is my fear. It wont hit til they announce the third quarter in october but still I am sure the market would slaughter the stock.
Yeah I dont get it but then again none of us knew antyting til yesterday. Most of us did not even know it had been approved yet. And I am certainy not sorry to see Holt go he was talked up big time when they hired but I never saw much that impressed me about him at all in the conferences . Seem like a poor hire whoever made the call.
The volume is good but we are only up 3 cents so I just dont this being the buyback yet. Has to be sellers and shorts still trying to drive her down on this volume.
I really dont think they started the buyback. I think its just an fund buying
Most on here are long term investors and not short traders like them. I just mute them cause I am not interested in day trader talk.
Muted him long ago he is clearly a fraud
Right but from i am told they would have to disclose it first and we have seen no disclosures unless uk law if different.
Its good he was let go probably which means he was a dud but what concerns me is why did they hire him in the first place. Who made that call the guy who just took over has been around the whole time.
Are we sure that they are actually buying back shares already or is it just a big buyer? Guys I know in the business say they would have to disclose it before they started buying back shares
Fooled yes but unless you actually sold no harm was done
Certainly looks like the buyback started as they it went up in steps today at different times. I guess tomorrow we will see if it continues and that likely means they are buying back shares.
It makes sense it was approved a month ago it seemed like it was taking way too long since it is almost mid june. I guess it appears they dont have to make it publice it was approved.
I agree but at this point until we actuaally here it was approved who knows what happened with ti. I haver never owned a more cursed stock honestly. When people said judge destroyed this company I always took it as they were being over the top but as time goes on it appears more and more she really did destroy it. The headwinds are just crazy.