Amarin Corp Plc (AMRN)

[Anonymous Fish]

Agreed. Thanks for the reply.

So do you think they will be able to sustain a market cap valuation of $8B in 2020 or do you see a big sell off?

It doesnt seem to me to be a good stock to sell/short because a concrete BO bid could be tabled at any time in 2020. Yes the valuation is currently excessive, but NOT if they receive a BO offer it isnt because an offer would be a multiple of the current market cap. Seems to me to be a hold and add on any weakness kind of a deal.

That BO offer 'threat' scenario really limits any significant downside IMO and any real future downside only comes if/when Amarin refuse any BO offers and make it very clear that they are going it alone.