Amarin Corp Plc (AMRN)

[sharinky]

It is good that all of your gains are long term. That will lessen the tax consequences. Any time you sell stock you should try to average it out over several years if you can. If you have other holdings that are at a loss it would be good to go ahead and sell them and take any losses to offset the gains in a year that you have gains. If a company is bought out and it is not a stock exchange type deal there is really not much you can do about it except pay the taxes. If AMRN stock was exchanged for another stock as part of a deal you could just sell it off over time to supplement your income or diversify your portfolio. That will be part of your personal preference as to whether you really want to be invested in the acquirer.

If and/or when a deal occurs I am sure we will get into much more discussion about it. We will cross that bridge when we comes to it and it would probably be time at that point to seek advice from a professional you trust. As you can imagine the CELG boards totally changed focus once their deal was announced. Their stock price still has not approved the terms of the deal due to uncertainty.