Amarin Corp Plc (AMRN)

[postes]

Jasbg....the stock after FDA approval had blue sky ahead that coupled with settlement puts us in the forties.....this is Not Hindsight thinking....I remember the FDA approval on that Friday afternoon...it was a great announcement for all...on AMRN's PR that same day Thero came out with low sales forecast for 2020 just about everybody was dismayed at the low figure...and what to say about the timing...it was the stupidest thing to say on AMRN's greatest day....it was not necessary or required...Why?
The next Monday the stock started it's fall..you know the rest.
It is not unusual for CEO's to publicly say their stock is undervalued...no word from Thero.

In fact since July of last year at what he call a mid year report he pumps the stock by raising sales estimates followed by dilution...whare was this year's mid year report?...with so much going on there was not one...Why?

Since last July Thero has said he will deliver shareholder value...nothing....he has not done or said anything positive...quite the contrary...his actions are more of a short seller trying to sabotage the stock.


When was the last time you ever heard a CEO of a public Co actually say the did not settle because it did not meet shareholders expectations in an email to a retail investor who asked for clarification on 2 subjects that had nothing to do with settlement...it was beyond outrageous....there really are not words that describe his stupidity...and yet it is followed up by him saying the shareholders he heard from wanted to GIA in EU...both cases he just can't say we are doing what we believe is best....he buffers his decision by throwing the shareholders under the bus..

This Co. Shows total destain for shareholders....no transparency...even when he makes statements they are incredibly gauge and left for people guessing what he means.

This stock is at 3.60 not because Vascepa is a bad drug but because Thero is an inexperienced, underqualified ceo that was picked because he was an AMRN man...the BOD by picking him as ceo are as responsible for this hell hole as he is....it is a joke.

The blame is not on 4 judges it is on this overconfident inflexible cocky Ceo and BOD....this should and could have been settled...you ever wonder why the CEO of Hikma had such distain and no respect for Thero..unless proven otherwise it is and has been my opinion Thero would not budge off of Teva like terms....why could Apotex not get a better deal...Teva settled in 2018 before R-IT and FDA approval...certainly AMRN should have conceded something.
Because he has no experience it's much harder to be flexible as you don't know if your doing what's right or wrong.
This was the last man on earth that should have been leading this company.
It's easy to keep blaming the judges but it was actually Covington that screwed this case up royally and Thero....all overconfident as nobody wanted to tell them the king did not have any clothes on and that to risk the company in the 9th district with a liberal judge could be a liability...

Line everything up over time and it's plain as light we are either cursed by one bad event after another with the most incompetent Bod, ceo, Kennedy, lawyers or something is up..

Either way it does not matter much...we've been getting screwed so long most of us are numb.

Bon chance mon ami