Amarin Corp Plc (AMRN)

[HDGabor]

La-

„… was a MISTAKE” – Short-term, yes – long-term: I do not think.
Taking $3.75 b … not to worry” Not questionable, it is easier.

Omthera did a good deal, however they did not have a choice since their product does not have a future. The big AZN could not launch the product 4 months after approval… I think it tells everything about Epanova …

Just try to “create” an example:
If you bought a land for 100k and “next day” you get offer about 110k. You could sell it, however if you think that you could build a house on the land within 2 years, cost around 100k and after that you could sell it for 300k, you will refuse the offer. After one year you will hit the wall since you have a problem with the builder and you already see that the cost will be more than 100k. But finally you could finish it and that time you could sell it for 500k (Not perfect, but hopefully understandable.)

“all we know JT is a puppet” – except me. Who is the puppeteer?

JZ: The company has Executive Team (3 members) to run the company on a daily basis and Board of Directors (8 members) to oversee the activities. JZ is not the Chairman of the Board he is 1 of the 8 only. So I do not think that he (could) running the show. Or do you think it was his decision to resign as a CEO … I could imagine it was part of the “deal” (resign) to give him a BoD seat.

FDA: FDA as every government office (in every country …) not homogeneous and everybody has to “fight” with a low level staff who are not genius (respect for the few). These people has a very strange ego: if they decide something, they stick to it till the last second, does not care the facts. Basically they do not run any risk, they do not have any real responsibility. (Otherwise, Eric Coleman would be prohibited to stay within 150 meters of any AdCom as a minimum …). JJ is the first person, that is more than a droid and as he involved MPC, he is not looks like “more than confident”. (As a side note: I do not think that they could release anything …)

If I am right reg. 08/14 we will see it next week. (If not it is not equal with no, I was just wrong regarding the date.)

ps: it is not really relevant, however February 20 was the last time when the closing at 1,94. The last 26 trading days was over 1M volume, all together 76,5M.