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kei

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kei

Re: None

Tuesday, 03/31/2020 6:34:56 AM

Tuesday, March 31, 2020 6:34:56 AM

Post# of 424560
AMRN ~ do they have cash for 18 months?
I think its going to take about 18 months or so until the court decision on their appeal. If they raise cash before the date, it will be a disaster since many shareholders think that the management don't have confidence in their case. Any thoughts? According to Yahoo finance, tutes holding is 48% and insiders own only 1.2% ... if tutes start unloading, there will be no bounce anytime soon?
with that said, i might buy cheap shares since it is trade-able for small bounce.
i don't trust management here anymore though... keep selling their shares and keep diluting and now this.
Any thoughts I do appreciate it.
*asking for friends.

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