Amarin Corp Plc (AMRN)

[Leonard McKinley]

Whether the long is "smart" or not depends upon what turns out to be the future reality. I am long because I believe that the future patient base will be considerably larger than the figure that is presently embedded in the price of the stock. As the certainty of the business and the demand for its product becomes more and more certain and quantifiable, then the discount rate will decline because the risk has declined. These two factors: 1) rising cash flow expectations, and 2) declining risk perception, will result in a dramatic rise in the price of the stock and its overall market capitalization. If my expectations turn out to be more accurate than the presently embedded market expectations, then this stock will be highly rewarding. Having said that there is a long way between expectations (hopes) and reality, and "many a slip twixt cup and lip." Stuff happens.