Amarin Corp Plc (AMRN)

[raistthemage]

Silver linings

1. Thero and Kennedy are now extremely likely to be fired (I suggest everyone email IR demanding this). While the temporary drop in the stock price is depressing beyond belief the company is more valuable without Thero running it and we should now finally be rid of him. Its too bad their compensation likely cannot be clawed back.

2. Her dishonor Mirandu Du's ridiculous, stupid insane opinion (perhaps motivated by stupidity, corruption or liberal activism) based on an ambigious nutrition study that never in a million years would have been accepted even by the patent office or the FDA (even the kinder gentler pre Thalidomide FDA) has a good chance of being overturned by the appeals court or perhaps even the patent office...

3. The generics are not likely to be able to enter the market anytime soon. FDA cannot accept any application until December 2022.

4. This is not the best drug for generics to compete with.

5. AMRN is in a position to create supply difficulties for generics.

6. This ruling has no bearing on foreign countries.

7. The short position is likely to cover here.