Amarin Corp Plc (AMRN)

[jessellivermore]

tke458....

I will give you my reasoning...I believe very strongly in asymmetrical bets and this stock could be the Grand daddy of them all...

First of all you need to think what the present situation and the future implications..I see from the many posts that some so called experts are blaming the PPS drop on the fact the generics has stolen Amarin's only drug..

And nothing could be more incorrect...As I mentioned this morning before the OA's..Amarin's reach is very much like the British Empire in the time of Victoria..This trial although centered in the nation's capital and is a superior court..The matter before it only pertains to the USA and only pertains to one indication for a drug that has many other indications and has plans to be sold in many locales other than the USA...

The trial was about the use of the drug for very high trigs..How high..over 500mg/dl a situation that effects mainly alcoholics and leads to acute pancreatitis. The court matter does open the flood gates for any other use of Amarin's drug and the same district judge who presided over the district 9 trial...opined that Generics would be infringing on Amarin's patents if they marketed for the all important CVD event risk indication...

The judge's ruling and the Appeal does not effect the European market, The Canadian market, the Middle East, South America..China etc..Do you think Amarin selling in all those markets that don't subscribe to the Democrat monkey business which is ripping this country apart..Don't you think Amarin would be worth 4$ a share and then some..Amarin has not lost its markets. Other locales are also going to be interested in a drug which can lower cardiovascular risk to a population at risk...

As long as the court can not prove that Vascepa does not work as advertised then Amarin will retain its intrinsic value..I bought shares at 90 cents when the world did not think the price was worth 4$..I don't see any reason to believe Amarin is worth less today..Think about the great REDUCE-IT trial..No other drug in the world has come anywhere near to what Vascepa showed in the R-I trial....

I want to wait until the stock goes down to 4$ or lower and really load up because none of these court trials come anywhere near establishing the value of Amarin that the R-I trial showed...

":>) JL