Amarin Corp Plc (AMRN)

[Hawk_Driver]

Was reflecting on the 5 stages last night

I am concerned that the haphazard response measures of individual states is going to drag out the timeline of the US fight against Covid-19. Just check out Gov Ige’s address to the state of Hawaii last night: national news reported that he ordered bars and restaurants to close, but if you watch the conference it was actually a request, with some vague hints at enforcement. Hawaii’s law enforcement is way undermanned, with just 2100 officers; they can’t possibly enforce this in a timely manner.

What happens if they shut down state borders? The economic disruption could easily last 6 months, and the damage for multiples of that.

The silver lining is that AMRN remains a smart bet, especially once the litigation is handled. Not a lot of downside from a market cap of < 4B if you’re patient.

Ps: don’t lick anything at that Marriott, there were two confirmed cases there last week. Hope you guys enjoy your visit though!