Amarin Corp Plc (AMRN)

[sstyles]

My two cents on the BOD changes: this was all orchestrated by Denner. Denner wouldn't want to join the BOD in this case because as a Director you are subject to onerous restrictions on when you can buy//sell stock during the year. The Blackout periods make it tough.

The selection of Per Wold-Olsen as Chairman was also interesting. Makes me think Denner had him placed on the BOD earlier this year. So in essence Denner is controlling the BOD now. Lars gets demoted and that's a major demotion to go from Chairman to just a director now.

Now we know why the proxy was delayed. Denner did not have to go public with his request for BOD seats via a proxy fight. AMRN acquiesced like a baby.

If you're short AMRN going into any weekend now, you have to think long and hard about risk/reward. Recall that CNBC article that came out the weekend after Denner filed his 13-D where it said GIA would be a grave mistake. That too was orchestrated by Denner. That wasn't random. It was a direct message to the BOD.
Now we have Denner's picks on the BOD and his guy as Chairman.