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Re: Jasbg post# 288806

Thursday, 07/30/2020 4:21:44 PM

Thursday, July 30, 2020 4:21:44 PM

Post# of 426487
I believe you're putting too much conspiracy theory into it. I do not blame JT for the loss, if anything, I blame the Amarin legal team who picked Covington. JT is an accountant, not a lawyer.

However, I blame JT and the Board for basically everything else though, from the leadup crushing of the stock price December to March (at least half was management, the other half the market) to the subsequent failings.

Remember, post loss, the stock price recovered significantly. It was humming along nicely into June. Then it began to decay. What changed? The markets are doing alright. Bios in general are certainly doing quite nice. Scripts are actually quite okay. But they stopped updating investors. They appeared to be cowering, not pushing forward as intended. This is where the board botched it. They failed to demonstrate strength, there has been no volume, and it's slipped down.

This has nothing to do with mystical powers locking the price down, this has everything to do with a horrible management team being terrible at managing public relations.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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