Amarin Corp Plc (AMRN)

[jessellivermore]

zip...

The decision to try the case on appeal vs settling with H&R would try the wisdom of Solomon...

While I do think the current situation is an asymmetrical bet...Because if we lose trial..We are in the same boat we are right now..The generics have won the right to sell Vascepa for the MARINE indication..Same situation existed before the appeals decision..(so the price might drop briefly..but should return at least to these levels..I am not hedging this)

I was until recently 100% against settling..But I have had an epiphany..I believe the generics now understand why winning the the MARINE label is a Pyrrhic victory..And why TEVA settled in the first place..and the recent settlement..There is a chance we could lose the appeals..and even if the generics' win is not super profitable . It will be a stone in Amarin's shoe..

I think the generics will settle for next to nothing. The MARINE label is a non starter..Give them some money and they will disappear. If they are not willing to settle for next to nothing..Then fine: "see you in court"..

Face the facts..nobody including me thought the generics had a ghost of a chance in the DC trial..And look what happened..IMO if you re looking for a B/out then settle up,,That's what you do if you are selling your house and someone has a lean on it.

Zip with real regards.and deep respect...JMO..":>) JL