Amarin Corp Plc (AMRN)

[Whalatane]

JL. so I will argue against most of your view.

The one pt I agree on is that any price below $13.50 is a low cost spec on a probable positive decision for Amarin in this patent trial ........and have buy orders triggered at $13.50 and below

The spread of the COIVID19 virus is not a hoax or phony in any way and I hope you dont end up eating those words .
Regarding your other pts.
We are also dealing with a crash in oil prices. While many of the frackers have hedged their positions thru 2020 they have not ...from what I have read ... many hedges in place for 2021 .
Which means they will start defaulting on their loans in 2021 if not earlier if oil stays below $40 a barrel
They will also be laying off their workers

The airlines are heavily leveraged . They will also be at risk of defaulting on their loans because of a drop in air travel ...and will probably end up like Lufthansa in the EU ...seeking govt support.

This is not the crash of 1987 part two . Its more like 9/11 and 08/09 ....a major external shock to our economy ....but in this case both demand and supply shocks

Kiwi