Amarin Corp Plc (AMRN)

[HDGabor]

m-

How do you see ...

I am "blind" currently ... however (some thoughts):

a.) part of the decline is market related only (e.g.: CROX beating revenue, beating EPS by 31.41%, increased guidance ...but today: up $3 (to $75) ... down to $64.81 (52w low) ... closed $65.63 ... I am still in black but hey ... I will not be surprised by $80 tomorrow .... neither by sub $60 ...)
b.) more likely wholesalers will increase the average inventory level during Q2 ... Q2 revenue will be above estimates / expectation ... unfortunately we will know by August only
c.) Due to the pps - current - level, it will move significantly (up or down) on any (good or bad) news.
d.) I do not expect a BO
e.) Q1 outflow (app. $100N) was an outlier (as a result of lower inflow, higher - than usual - outflow)
f.) I do not know when but the pps will be stabilized ... on a higher level (realistically @ +/-$2 as "first" step) ... except a significant news (but I do not see / expect any in the near future ... unless China approval in H2 is June 1, 22 ... Pls note: China and Hong Kong was submitted at the same time and Hong Kong was approved in February.)

Please note: these are my thoughts only.

Best,
G