Most of you just don't get it...
If Buffett has taught us anything...and he has a record unmatched, the wizard of Omaha...etc, etc...
YOU DON'T SELL GREAT BUSINESSES...
This message board has been awash with two topics options and buyouts...
IN my experience an over concentration in either of these reflects an immaturity in market thinking... Historically options have been the ruin of many a retail investor...Most retailers, and I would conclude from the posts on this board, most of you, do not understand the complexity of options. You need to understand the mathematics of options Black-Scholes and its refinements lend themselves to huge computers which are able to do the math faster than any of you on this board...The facts are the very first stock market computer programs centered around the CBOE..Simply because there is an order of magnitude higher number of options compared to stocks...What this means in straight talk is that the options game is no different than the way a casino operates...retail players are never getting the correct odds..Your best bet here..Buy the shares and hold on to them.
So don't think someone who is teaching you about how options work is doing you any more of a favor than someone who explains the rules of the crap table..
When I hear people talking about a buyout...My thoughts go back to 1972 in Saigon where combat pay ($85 a month) and gracious living went hand in hand. We had what we called "Rumor Control Center" Because every week we used to hear rumors of a cease fire agreement...When we would go "back to the world." The problem in our current AMRN situation is a buyout does not end any kind suffering...Nobody is going to pay more than they think the company's worth...Notions that BP management or size alone means the company can do a better job than Amarin's management can are just hot air..I think there is a great chance JT will be voted top CEO in the pharmaceutical industry (a no brainer)...AMRN's management has operated with the efficacy of a Seal team since 2013...Most of the BPs are currently in the "hot mess" category...
Back to Buffett...Barring some truly bizarro Black Swan event..on 11/10 we do not need a savior and IMO if you are hoping for a buyout...You are just wishing your money away or are foolishly impatient...Vascepa is going to be a bigger drug than 99% of you can imagine...Not only will the price continue to go up for several years...but the company will be bringing in revenues and issuing dividends...Enough to make anyone of you with a substantial position rich...and getting richer for a long enough time that money is merely an after thought...
Sell the company and you will get a windfall...And then what?? Most of you will blow the money because you are not great market traders but simply the lucky beneficiaries of a situation you did not really contribute anything to.. Situations like Amarin don't come along very often...
":>) JL
