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Tuesday, 04/20/2021 8:12:13 AM

Tuesday, April 20, 2021 8:12:13 AM

Post# of 430259
Amrn burned 140M in 2020...unless strategy changes 300-350M cash at end of 2021....this year is starting out worse than last year..Cash balance on earnings release will be telling...they have already announced with expenses going up this year that they are on the same path of throwing money away with no light at really turning the US market around....dump the DTC adds, dump the sales reps, dump all relative employees to manage US mkt....V runs it course in US and Amrn accumulates cash.....concentrate on ROW....if the playing field changes fire it back up...it would not take that long with B grade new ceo...if this stupid strategy exist AMRN is looking at cash raise late next year or early 2023.
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