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Re: louieblouie post# 279498

Thursday, 06/11/2020 2:07:29 PM

Thursday, June 11, 2020 2:07:29 PM

Post# of 425940
louie@ As I said at the time of 'bad ruling'! Even if Du's removing of the 6 patents - was reversed a months later - damage was already done.
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My estimate - after Du's shock ruling - 360 million AMRN shares traded in the next 3 days in the market for an average of 4.3$.

Had Amarin won the case (which +90% of experts said they would) - SP would have been 25$ - so the Du's ruling 'stole' +7.2 billion$ from Amarin and shareholders - on the 30 marts 2020.

This can NEVER be reversed - and even you could sue the judge (which you can't - she has Immunity - I'm told) - she most certainly are not able 'to pay back' + 7 billion$. For Amarin and shareholders money is lost - someone stands (many say GS) to make billions of Du's ruling.
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If Amarin wins appeal - company will regain value over time (new money) - and might still do OK - but the Fairy Tale story - was killed by the female liberal judge in the spring of 2020.

Jasbg
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