Amarin Corp Plc (AMRN)

[sstyles]

The stock was at $6.50 when JT announces he was retiring. Before that we hit $9 and change on European approval.

Now we sit in the low $4s.

Look at the destruction in value.....management has been relatively silent.

You view it as incompetence and I view it as the article i posted mentioned......there's a severe disconnect between reality and share price....something is up (your company is getting acquired)


From the article:
10. Your stock has become disconnected from reality

Let’s say your stock’s fair value is $80. Your company earns $2 in profit per share, per quarter. There are about 91 days in each quarter. This means your company is adding about $0.022 per day to its fair value.

In a perfect world this would be reflected in your stock price. Each day of the week your stock would go up $0.022. On Friday it would go up by $0.066 to account for the weekends.

Obviously there are other factors at work, but this type of thinking should give you an idea of where your stock should be heading, and how quickly.

It becomes painfully obvious that your stock is being manipulated if instead of going up a little bit each day, it goes down a big amount.

The larger the spread between what’s happening, and what should be happening, the larger the chance of a buyout..