Amarin Corp Plc (AMRN)

[Skipperdog11]

"SP today relevant only if today you are selling and on basis of whether you are making a profit or loss on the sale
SP could double treble quadruple - in 12 months / 2years"

Share price this low scares me only for the following reasons:

1-If the company has a rapid decline in US sales, the prospect of borrowing becomes much more expensive and the concept of issuing shares for an offering becomes "Jason" scary.

2-Sale of the company is typically priced at a multiple of current price.

3-Most quality institutions are not prone to buying penny (<$5.00) stocks.

4-Riffraf trading based on bogus narratives becomes too commonplace.

AMRN should not be a sub-$5.00 stock.