Amarin Corp Plc (AMRN)

[raistthemage]

No offense taken Larry I respect you immensely you are one of the poster's here I am most eager to read.

I did not think to mention the ITC case but I think that was a blunder albeit far more forgivable then two recent unforgivable blunders.

1) The massive and poorly timed totally unnecessary dilution financing.

The only way this dilution was necessary is if the company suspects the FDA is going to f*** them over... I agree this is unlikely but the possibility has the market spooked.

The alternative is that JT has poor judgement... and that is what has me spooked.

2) JT's statement that he does not intend to pursue DTC marketing even after the label until yet ANOTHER delay waiting for this OPDP to okay everything Amarin marketing wants to do. Did the FDA win the 1st amendment case or did we? Sure seems like they won the way AMRN is acting. We should use our rights under the 1st Amendment to the fullest to go DTC the second we get the label. If the FDA wants to lose another court case (and they will lose) fine.

I think both blunders stem from JT's overcautious overconservative bean counter mentality. JT was fine for the years Reduce-It was running you wanted someone who wasn't going to do anything crazy... but overcaution is not good right now and I have to wonder what else JT is going to screw up.