Amarin Corp Plc (AMRN)

[sstyles]

Spot on Larrybirdlegend. Option #3 is the only one that makes sense at this point. We all thought the first trial was very winnable and look how that turned out. To sit here and put our faith in the appellate process...good luck with that. It is long and drawn out and takes time and then you are praying for at least two out of the three judges to see things in your favor. No bueno.

Let's hope the Board of Directors has JT focused on option #3.

Trials are always risky. I read the closing briefs for Amarin and Defendant's several times and was pretty sure we would win. Yet, I still bought puts protecting my investment because I know how risky trials are. Who rolls the dice on a trial when the future of the company is at stake.....SMH

You don't put the outcome of the company on such a binary event like that trial in Reno. You just don't do it. Way too risky as evidenced by the 70% drop in our share price this week.

Oh well what's done is done. Lesson learned for all. Let's hope JT is focused and has another plan aside from just trying to appeal.