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Re: Whalatane post# 148018

Saturday, 10/06/2018 1:54:16 PM

Saturday, October 06, 2018 1:54:16 PM

Post# of 427088
Kiwi,

I used to have customers coming in looking for some alternative to prescriptions they were given for Lovaza (actually Omacor before the name change).

Then at some point I found out about Vascepa and knew that pure EPA was superior to a mixture product. I invested early in 2012 for the runup to Marine. Intentions were to sell on the news of approval, but price began to drop. Listened to CC given by Joe Z and believed his hype about buyout. Continued to hold as it dropped hoping that the Adcom would be successful and give a boost to stock price. No such scenario. Continued to buy and average down. Didn't get any at 80 cents, but noticed the other day when looking at some lots, that I got some at 99 cents. Turned my kid onto it and I believe is cost is around 1.01. Took small amount of profit after R-I announcement jump and since those were the oldest shares not much of a capital gain on those lots.

Will have to really think carefully about any further sales as those lots carry large gains potentially. Might need to split over different years.
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