News Focus
News Focus
Followers 59
Posts 7593
Boards Moderated 0
Alias Born 10/20/2014

Re: Whalatane post# 227056

Friday, 11/15/2019 7:24:56 PM

Friday, November 15, 2019 7:24:56 PM

Post# of 447736
What I am intrigued by are the number of posters on both Stocktwits
and here that are now saying they think a takeover price of at least
$50 is likely. If anyone would have said that when the share price was
under $3.00 the board would call them insane. Today, $50 is an amount
given by some of the most credible posters. Years ago I thought AMRN
would be acquired for around $18-$28 a share...it did not happen.

Some months ago I asked a poster who quit posting on this board long
ago (Ajax 133) what he believed AMRN would go for in a takeout...
he wrote $30 billion. That would be about $72 a share...not exactly
an insignificant amount. I hope in time he is proven right. For now
it is fun to speculate on...especially on days when the share price
hits new multi-year highs.

If most investors "believe" a takeout of AMRN would bring $50-$74...
they may be more willing to hold at the recent price level for
an eventual 100%-200% potential gain, whether justified or not.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News