Amarin Corp Plc (AMRN): C- Thx, but on the other hand I was w...

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HDGabor

Re: CaptBeer post# 385068

Wednesday, 08/03/2022 4:23:42 PM

Wednesday, August 03, 2022 4:23:42 PM

C-

Thx, but on the other hand I was way-off re. the ER.

I will analyze the 10-Q during the weekend and will try to to figure out the "answer" and to understand some strange thing ... eg.: "Amarin recorded a charge of $9.6 million related to unsellable inventory, which is not related to product dating ... this charge was a result of inventory that was damaged by one of our third party suppliers and caused the inventory not to be our quality standards." ... WTF???!!!

In my world it is not a pure $9.6 million cost ... Where is the $9.6 (+"recompense") other revenue paid by the third party suppliers who damaged the inventory ...

Best,
G

Disclosure: I wrote this post myself, and it expresses my own opinions (IMHO). I am not receiving compensation for it.

Notice: This post is not investment advice, and not a recommendation to neither buy nor hold nor sell.