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Re: ChrisInSF post# 171829

Friday, 01/11/2019 7:35:53 PM

Friday, January 11, 2019 7:35:53 PM

Post# of 428973
I do honestly think if Pfizer bought amarin and went down a bit on the buy, it would be my most attractive stock to buy. I could see the acquisition adding 30-40% to Pfizer’s market cap, and tons of synergies with the combo pill. With a 52 week high of 23 and with that market cap of 7bil, it would be hard, almost unprecedented, to pay 25bil for it unfortunately (especially with no new news out on the company). I don’t think we’ll see 50+ in cash until pps is driven up by revenues. $40 sounds about max imo for initial bid (if bidding war ensues, all bets are off of course). I’m still telling friends who ask me about it, just buy as much as you’re comfortable with and don’t look at it every day. Be prepared to go +-50% over the next year, but long term the return will be amazing. I’m not nervous nor in a rush. Price should be way higher, but just more opportunity for us.

Everyone is complaining banks lowering price to buy lower- I feel like that’s not the case, but if so, I’m taking advantage of the opportunity as well anyway, so it doesn’t bother me!
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