Amarin Corp Plc (AMRN)

[alm2]

jas .... sorry original got posted twice !
Buy back is difficult - they have cash but I suspect they will want to keep such to cover extra running costs of Europe set up and cash in reserve is always healthy
Bod buying even small quantities send the same message that they put their money on their own future success - and Karim would be well to lead the way - others have referred to suspension of benefits package - well again Karim - a sales expert - would be as well to create a far more success of company reward based system than the present gifted for free no matter how poor the companies performance - but such changes don’t happen overnight
The company has been quiet awhile - the silence of the old -we hope -to make way for the clamour of the new
The company has to GIA until it’s bought if that is ever to happen - the market hates nothing more than a “ no plans” approach - Amarin needs to communicate effectively - with its customers / Drs and with the market which includes retail investors who make up the vast majority of shareholders
Raf has repeatedly pointed out the frankly backward half hearted approach to communication right across the company
They need slick marketers - from their PR company all the way through the whole company structure
The GIA success of the company depends on sales sales sales and Karim is a sales focused new CEO - he needs to kick the USA sales team up the ass from very top to bottom - sell or your out for the sales reps - they either shift V or they don’t have a job
The market will notice solid sales figures quarter on quarter and the company making regular profits increasing quarter on quarter
Maybe covid treatment or some such will explode sales - Pdude whose work is incredible assesses very positively the likely Argentinian trial outcome
In short better times should lie ahead .... the companies performance as to execution under Theo was very poor and he led the patent disaster because the buck stops with the CEO - he should have fallen on his sword within a few months of that debacle
Alm