Amarin Corp Plc (AMRN)

[Mogwai]

Extreme micro cap with very small float. Please don't extrapolate that to AMRN! Even after all it's run, the KBIO market cap is still only $150m. They only have 4m shares. There were only a $4m market cap before the move started. Extremely small micros with small floats can make these moves.

Bottom line is that the only way AMRN goes anywhere is:

1) Buyout
2) Interim Reduce-it stop
3) Dilute, get the financing they need to survive, then focus can shift to REDUCE-IT.

I use to say a major partnership that would increase sales would do it, but I think we are past that point and it's too late. It is so late in the game that to get a solid partnership up and running, and the time it would take for sales to pick up is too elongated relative the financial situation. Focus is now completely on REDUCE-IT only, with the financial situation ensuring the stock goes nowhere until REDUCE-IT comes out 3 years from now.