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Agree, AMRN game is still on. Concerning short term AMRN call & put options and SP, until we the next AMRN catalyst - a settlement, earnings report, court trail vedict or BO; IMO pure options are currently a money loosing proposition. One has a better chance currently playing craps, rolling the dice, each week until better AMRN visibility is provided. Back in Dec, after the AMRN FDA approval, my preference was to play AMRN cover calls against my position; using the Jan17-27 calls (a nice winner), Feb21-24 calls & Mar 20-30 calls covered call options and collect the premium on my AMRN positions - so far so good.
Kels
Jefferies 11/29 take on Amarin:
"Jefferies analyst Michael Yee provided his takeaways from a recent call with a patent lawyer related to ongoing generics litigation for Amarin's (NASDAQ: AMRN) Vascepa. AMDA litigation between Amarin and generic filers Reddy's and Hikma has come into focus amid the approval of the sNDA for Vascepa and a trial is set to start on 1/13/20.
Yee said they came away from the expert call positive as many generic claims have already abandoned or invalidated by the court and, in the opinion of the patent attorney, a settlement or outright win by Amarin is probable.
The analyst said a settlement would be a positive outcome and could potentially push the stock to $25-30 as a key overhang is removed.
"We still think a settlement would be a great outcome as it would benefit all parties involved, including removing an overhang on AMRN and the generics potentially getting ~6 months of limited exclusivity in a $5B+ mkt later in 2029, which is worth a lot to generic companies," Yee commented. "We estimate that every six mos of generic entry earlier than 2029 equates to $2/share, though Teva has already settled for 2029."
If a settlement is not reached, the expert still thinks Amarin would likely win the case outright.
"Our DCF suggests the stock is worth $30 on peak sales of $3-4B, and every $1B higher peak flows to the bottom line and is worth $5/sh upside," Yee commented.
In addition to the takeaways on the generics litigation, Yee previewed upcoming competitor data. While data from competitor fish oils over the next 12 months could result in some headline noise, the big picture shouldn't affect Amarin, he said.
The analyst reiterated a Buy rating and $30.00 price target on AMRN.
For an analyst ratings summary and ratings history on Amarin Corporation click here. For more ratings news on Amarin Corporation click here.
Shares of Amarin Corporation closed at $20.63 yesterday"
Kels
Benzinga must have missed Jefferies recent BUY update, on November 29, with a target price of $30.00
Kels
PocketPuffer Scammer IMO is the only thing that exists from "Good Old Tom"
AIMHO
Kels
WOW just look at "Good Old Tom" blowing off another load today!!
RFMK
Price: 0.0001
Bid: 0.000 x0
Ask: 0.0001 x8,400,000
Range: 0.000 - 0.0001
Volume: 79,729,998
Last Trade as of 2:22 PM ET 8/7/15
Gotta wonder what the RFMK O/S is now up too?
Atta boy Tommy keep this RFMK stock selling SCAM in high gear!!
AIMHO
Kels
What a piece of crap, 0 bid and all. Got to hand it to "Good Old Tom" when he said that he was going to deliver RFMK, did he ever!!! Talking about delivering a shareholding shafting. Looks like "Tommy Boy" has been pocket puffing all the way to the bank over that last 3+ years with the RFMK SCAM
Price: 0.0001
Change:0.000 (0.00%)
Bid:0.000 x0
Ask:0.0001 x29,649,500
Range:0.0001 - 0.0002
Vol:84,064,999
Last Trade as of 12:26 PM ET 7/16/15
AIMHO
Kels
That Atta Boy, Tommy!
And this must be the reason that RFMK is now @ .0001!!!
The RFMK tone is quite simple, to many traders have been burned time and time again in this Stock Selling Scam over the past 3 yrs.
IMO until the the tone/message supported by facts or stats from Allinder changes - i.e. come clean with the real RFMK information; then any endorsement of RFMK trading or investiment is nothing more than a set up for $$$$ failure.
AIMHO
Kels
One must send this to Allinder, its a perfect description/analogy of the RFMK business, just need to change a few words around just as "chart" to product and "trade plan" to sales plan!!!
None of the things you are talking about factor into my technical analysis of the chart, decision process, or trade plan
AIMHO
Kels
What ever happened to the following:
The Big Chill by the DTC, "Tommy Boy" said it was going to be removed - Yet it is still in play.
The Gagged TA put in place by "Tommy Boy" - Still in play
The Audit Financials that "Tommy Boy" has indicated time and time again over the last 3 yrs. was in process - Still no audit financials!
Remember "The Shu" (Cheryl Shuman)? Mutually together they both rammed each other over RFMK promise after promise, then turned on each other like a pair rabid dogs and really gave the RFMK shareholder a real reaming in the $$$ pocket.
And then the RFMK product - The RFMK sales over the last 3 yrs speaks for itself.
RFMK - IMO nothing more than a stock selling SCAM.
Yup nothing more promising than throw more $$$$'s into a bottomless money hungry Allinder pit.
But then again what do I know, many of us have just been challenge "Good Old Tom" for 3yrs to put up the proof with proper 3rd party validation
AIMHO
Kels
That last RFMK update that "Tommy Boy" just released is like a new fresh aroma of horse-crap; immediately it attracts new fly's but soon they too will see it is nothing more than chit.
By the way surprise-surprise-surprise; RFMK is now hitting .0001 - "Good Old Tom" is really delivering!!!
AIMHO
Kels
Yup, same "Good Old Tom" SCAM story, same RFMK Chit outcome.
AIMHO
Kels
Yup -Tommy boy will do what ever it takes, IMO, to blow thru the 20Billion RFMK A/S
AIMHO
Kels
RFMK - Nothing more than a stock selling 20 Billion share SCAM.
AIMHO
Kels
IMO, point #1 will surface and be confirmed then point #2 will follow.
The question that was not ask is will Good Old Tom still be around?
Unfortunately its the late buyers of a SCAM that provide the support of the SCAM to continue.
RFMK IMO is the classic stock selling SCAM all supported by lead-in, going forward statements that only allow "Good Old Tom" to increase the RFMK A/S.
RFMK history speaks for itself; as Tommy Boy has taken the RFMK A/S from an A/S of 2,000,000,000 to the current RFMK A/S of 20,000,000,000 - that is a ten fold increase based on what?
3 years of lead-in, going forward statements and
> A Big Chill by the DTC since 2013
> No sales or revenue
> A questionable RFMK product delivery - if there even is a RFMK product?
> Toxic funding deal in place
> Shareholder Stock Dilution after Dilution
> A Gagged TA
> Failure to deliver time and time again
Talking about transparency?
AIMHO
Kels
What a load of ........
So far today's RFMK volume 184,124,203!!!
"Tommy Boy" must be scrambling to scrap up enough $$$$'s for this month's RFMK toxic funding monthly payment. How many remember that RFMK "Toxic" funding deal that Allinder put together back in 2013.
And still in 2015 the RFMK shareholders or should it be said RFMK bagholders are still bleeding from this bone-head RFMK business move.
AIMHO
Kels
Some follow-up RFMK questions since 2012 and RFMK thoughts:
1. Now that "Good Old Tom" has established the A/S at 20,000,000,000 (Yes folks 20 Billion) any thoughts by this board on what the current RFMK O/S may be?
2. In addition to question #1, the RFMK T/A has been gagged for over a year; hmmmmmm any thoughts as to why or when this gag order by "Tommie Boy" maybe lifted?
3. And of course the Big Chill has been in-force by the DTC since 2013, I thought Allinder was addressing this minor (hack-hack) issue? What happened?
4. And then we have the RFMK business plan and model - again what is that RFMK plan? Or better yet whay is the definition of a Stock Selling SCAM?
5. And finally, what is the business case again to open a position in RFMK? My understaning is that Dilution of stock is never a win-win proposition for any stock holder. Am i missing something here?
Inquiry minds, at least mine; would like to know.
AIMHO
Kels
Just read the 02/17/15 RFMK update - OMG!!!!!!!!!!!!!!
Is this POS still alive??? I needed a good laugh this AM!!
I see that "Good Old Tom" is still up to his old "stock selling scam" tricks and games as RFMK continues to drop millions and millions of RFMK shares into the market for any all RFMK bagholders!
Remember all the promises that Tommy Boy made back in 2012-2013 and here RFMk is in 2015; nothing more that bloated pig driving every position hear-say to unload the 20,000,000,000 (Yes Billion) RFMK A/S count.
AIMHO,
Kels
And the RFMK story just keeps on $crewing the RFMK shareholder.
A classic "Good Old Tom" approach:
Holy cow RFMK the A/S is now 20,000,000,000!!!!
Take a 3-week break, come back and see that "Good Old Tom" has increased the A/S to 20,000,000,000 from 5,000,000,000!!
Talking about a DILUTED POS - IMO, RFMK is a classic example
Yup still the same old RFMK $hit, just delivered with a different twist. Time and time again Tommy Boy reference words that something is in the works but never does execute for the RFMK shareholder; as Allinder fails to deliver.
That 5 Billion RFMK A/S has been exhausted and still no product, no revenue, nothing and now the RFMK bar is raised to a 20,000,000,000 A/S!
Appears that "Good Old Tom" just keeps delivering RFMK zinger after RFMK zinger!!
AIMHO
Kels
Same old RFMK PR $hit, just delivered with a different twist. Again note all the reference words to something that may happen but again had not for RFMK; Allinder fails to deliver.
That 5 Billion RFMK A/S must be just about exhausted by now. Get ready for another "Good Old Tom" RFMK zinger!!
AIMHO
Kels
Must have been the monthly payment day yesterday for the Toxic funding deal that Allinder has is in place for RFMK given the volume and PPs action. ain't no way RFMk is getting the funds from any product sales due to the fact that RFMk has no product.
IMO, just a financing flow from "Good Old Tom" created by the Billions of RFMK share DILUTION to support the means of payment to a very toxic funding deal that Tommy boy put in place awhile back.
For those new to RFMK, do the DD on the RFMK STOCK SELLING SCAM it's all there and then ask the question:
Why did Allinder GAG the RFMK TA back in Jan 2014 from providing any RFMK share structure.
Hmmmmmmmmm
AIMHO
Kels
IMO...more DD is needed on any opinion that one could short RFMK shares.
The real challenge, for anyone holding a RFMK position, at this point of this DILUTED RFMK cycle is how does one get ready for the A$$ kicking that will finally put an end to this STOCK SELLING SCAM.
AIMHO
Kels
LOL, .0003 will just be a formality for RFMK........it's when RFMK gets to .0001....again..that IMO "all" will finally realize the damage that "Good Old Tom" has done.
By the way why won't Allinder up date the RFMK share structure?
AIMHO
Kels
IMO the only action going on with RFMk is that for every 1- Tic forward; RFMK then takes 2-Tics backwards.
So based on the current RFMK trend all supported by "Good Old Toms" flawed DILUTED business approach and now that .0004/.0005 are on the RFMK board; the next 2-Tic backstep by RFMk should be .0003.
Pretty easy to figure out.
AIMHO
Kels