Amarin Corp Plc (AMRN)

[Jasbg]

Have some thoughts I want to share with this board about why AMRN SP is locked' under $ 7.
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I have to stress that this is pure speculation - but still 'trying to learn to shape this experience' - I need logic to have some kind of idea of what's going on.

First, why this can only be speculation. One thing I've noticed here on iHub (and other boards for that matter).

Almost all groups of professionals - be they doctors - lawyers - all kinds of biorelate jobs - openly try to hand out to others the 'pro look' in cases.

Only one group of people is completely absent (and I mean 100% absent) is 'Big Money' that controls the Stock Price market setting.

You have never seen (or heard) a GS broker - come out and brag about the millions / billions they earn daily - Ditto people from Oppenheimer - Citi - Hedgefunds. Seems that there is a 'secret code' in these places - that you don't speak 'at all' outside the company walls.
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Above as an intro - and I just now need the screen shot I brought here a number of times - from the day after the Du decision. At the time, this curve - locked to $ 4 - looked suspicious. But think I've figured out how to connect the dots in this game.



And what actually triggered me from these speculations is - that ever since the FDA approval in December 2019 - one thing has haunted me:

How could this Leland Gershell guy from Oppenheimer predict the future development of AMRN - so completely accurate?

His take at the time was $ 7 - and sell. Every retailer in AMRN (absolutely including me) hated this man back then - and he was named "every bad character" in the book - for "not understanding" - that Amarin and Vascepa - were on the way to the Stars.
To put it simply - had I taken this man's advice seriously - I could have sold $ 23 (which LG recommended right from the start - against any other analyst out there) - and I could have bought back at $ 4.

Had I followed Leland Gershell's advice, I would have been insanely much better off today (no matter what happens from now on). And, personally, I want to give this guy an official apology - 'should have taken his advice seriously' - instead of just letting emotions rule.
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The question of Gershell is facts. We all followed what happened to AMRN - he was spot on from the start.

Now the key question is - how could LG know 'the road of AMRN's downfall in advance - and here we come to the speculative guess on my part.
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Going back to the figure above from Yahoo on March 31, 2020 - I think I have a qualified guess - why it seemed pre-planned to buy the falling stock with a floor of $ 4 (113 million shares the first day after the verdict):

The overall explanation for what is happening is' the persistently large number of trials running all the time - generics trying to move early (e.g. killing patents) as in the case against AMRN.

The explanation of why 'the market just sat there' Ready with a smile '- exploiting the panic among retailers - is quite simple. THEY DO THIS ALL THE TIME - so every time a decision in patents (or other disputes in matters concerning the market) - they have a plan to buy up 'Shares at a steel price' - In case the stock falls like a stone as ANRN surely did.

Back to Gershell '- I would imagine that e.g. the 3 big money tanks - GS - Oppenhimer - City have a shared group of experts who are closely watching these ever rolling lawsuits. Sharks 'ready to' produce billons in a few days - as they certainly did with AMRN.
Probarbly this group - will have close ties to BP - who "suggest" - what price they would like AMRN 'not to go over' before Appeal.

Leland Gershell must have known about this game - noted the political winds - and then taken the approach that Amarin could just as well lose the patent lawsuit. And see what happened SP locked in at $ 7.
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Emphasizing again - part about how big money - is organized and handling stock buybacks is speculation. The hope is that it can provoke someone with insight to explain some facts - in this billion dollar big money game.

Jasbg