Amarin Corp Plc (AMRN)

[jmhill23]

When Sarissa/Dr. Denner increase or decrease beneficial ownership by 1% or more I believe he has 48 hours to file a 13D/A. After the number of shares traded yesterday I'd love to see one filed either today or tomorrow.

He has stated that the shares are significantly undervalued and the cost basis for his 24 million shares is 4.455. Current prices hovering around $3 give an additional 50% discount to these significantly undervalued shares.

It's my opinion that he will definitely want a board seat so he has a voice. I hope that he attempts to get multiple seats. The same old current crew is not getting it done. He has a plan on how to unlock value in this company from the inside. I expect Denner to release his intentions before the next annual meeting. At this time we will know if Amarin wants to embrace the good doctor or will resist him(by attempting to get board members re-elected) and then we may have a proxy fight on our hands.

Denner's involvement is keeping me in this investment and if he jumps ship I will follow. In the meantime I will be patient to see if he is able to work his magic as he has been able to do many times with previous companies.