Amarin Corp Plc (AMRN)

[vinyyy23]

The tone has changed here. I was talking about the sky falling 2 weeks ago and you all thought I was crazy. Glad you all seen the light here. I sold 30%-40% equities for most clients when s&p was around 3100.

Next stop on s&p is breaking down past 2500. Hoping 2400 holds. Max pain in the markets still to come.
Earnings revisions and GDP numbers will be revised lower....we are in a recession right now. If we can get a handle on the virus and contain as best as possible, should start getting better over the summer and there is a chance by year end we start recovering.

Even if AMRN wins this case, who is going to do M&A in this market?? Hope I am wrong, hopefully someone wants to buy it on the cheap and we can exit the stock at $30 by summer and reinvest into the markets at multi-year lows. Pipe dream...but hoping for it!!

Can we get some open market buys by our dumb leadership??? Will help stabilize the price and finally instill some confidence.

Also been adding 250-500 shares on every $1 drop in stock. Breaks below $13 buying another tranche.

Good luck and stay safe everyone