InvestorsHub Logo
Followers 4
Posts 941
Boards Moderated 0
Alias Born 09/08/2015

Re: ggwpq post# 70379

Thursday, 01/28/2016 6:50:29 PM

Thursday, January 28, 2016 6:50:29 PM

Post# of 429161
That is fine if you just wanna bunker down for a little over 2 years and say "I don't care about the stock right now!". That is fine. But that is a long long way away for Wall Street and AMRN's cash position now below $100m is going to have a big affect on the stock price. There is no possible way they will ever make it to REDUCE-IT results without major financing. So if you are just laser focused on REDUCE-IT and believe it will show a great benefit, then more power to ya....these matters such as the stock price and financing don't matter to you. Why even post right now if you have that mindset? We shouldn't hear from you for a couple of years.

But for those of us who take a different view and actually do care about the stock price, management credibility, what price the dilution occurs at, perhaps trying to make some money BEFORE the binary event of all binary events, etc., the current situation matters.

No one knows if REDUCE-IT will work. It might. It might not. Right now the market isn't focused much on that, it is focused on the current situation. And with cash getting dangerously low and scripts not going anywhere (not to mention NCE is now irrelevant), it isn't a pretty situation. More pressing things are on the mind of investors than REDUCE-IT in 2 years! And management has shown time and time again they are pathetic at producing any news of actual REAL VALUE.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News