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Wednesday, November 14, 2018 11:47:45 PM
I’d like to see a 30-35 offer soon, and a quick rejection, so we have a baseline and people do not see this as a risky stock. The best way to gain positive perception is to have our worth validated by a BP (through BO or partnership). Creating a floor in price is extremely important. Then we let our scripts grow our value the rest of the way. I wouldn’t be surprised if we saw a masssssssive uptick even this Friday. I truly thought on Saturday/Sunday these results would prove to the market amarin was NOT risky, but all that got out was the “mixed results” unfortunately.
My friend just did the Athena health deal for 5.5 billion, and from the way he described things to me, baker bros will be crucial in making any deal go through or not (BP will most likely contact them and Amarin together or at the same time...even if they don’t have a board position). I can’t imagine them passing through anything below 20bil...but we won’t see anything starting there until we reach $40. So what comes first, the chicken or the egg? Once either comes for us, the other will be wishing it was quicker!
So I agree- keep the drought, it’ll only make our fire that much more ferocious
Recent AMRN News
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