Amarin Corp Plc (AMRN)

[Lrich]

Clock is ticking

That's the issue. I'm plenty eager to sell for $16 (easy math for a 4x multiple). I've outlined why I think that is acceptable (many disagree, that is a different issue). Biggest problem is that there have consistently been insane valuations yet nothing has come to pass.

I don't just frankly don't see Amarin, as a corporation, achieving those lofty price targets, with or without JT. That is because I believe the whole team is rotten. While they should be replaced, that is an unrealistic goal. So selling "for cheap" is more "rescuing my investment." $16 now is worth more than $16 another 3-5 years from now. And based on the performance and execution to date, I suspect it will take that long to reach that level.