Amarin Corp Plc (AMRN)

[heysfguy]

I expect settlement within 5 business days and here’s why:

AMRN likely has posed settlement offer, but with the proviso that defendants have XX hours to accept terms. As it appears the legal proceedings are trending in AMRN’s favor, future settlement offers will have less generous terms. (That may include defendants paying legal fees of expensive AMRN legal team. And with recent additions to counsel this is not an insubstantial consideration.)

Going into full trial and losing might well cost defendants even more, so isn’t it in their best interests to settle before the judge makes any more moves, rather than wait and see if something sticks? Nothing so far indicates to me that the judge has allowed defendants anything of great potential value in recent proceedings, so the writing appears to be on the wall. Time for defendants to take what they can and go away.

I say we see settlement before end of day next Friday. Otherwise the settlement offer gets reduced or goes away entirely.