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Sunday, March 15, 2020 11:49:34 AM
their outlook: all 3 believe we will dodge this particular bullet but it will take some time - in the broader perspective of historical pandemics, covid19 is a pussycat (his word). but like fire or water, if you disrespect this disease it will get you with a vengence. I absolutely concur - italy is a shitshow because they disrepected the gravity of the situation. Spain is even less excusable - they knew what was going on in italy. DISRESPECT. in our case, the lack of testing was/is a shitshow, no doubt and must be investigated at a much later date. meanwhile, however, I believe our society & fed & local govts now get it - to each man & woman we are now mobilized - and that will be our saving grace.
AMRN might/might not get banged around for a while but eventually it will soar - yes some short term setbacks for 99% of us corporations affected one way or another & we are no different; we may end up with a milder type of recession perhaps but that is ok - MUCH OF IT HOPEFULLY HAS BEEN PRICED IN ALREADY; time will tell;
but if you are a longer term holder, the day to day assessments are of limited value. the short-term gamesmanship/trading that Kiwi's assessment might implicitly encourage amongst some is a very dangerous one especially given the upcoming trial outcome. Makes no sense.
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