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Re: shadolane post# 385908

Thursday, 08/11/2022 9:22:50 AM

Thursday, August 11, 2022 9:22:50 AM

Post# of 427251
Yes Shadowlane many years ago I called this group the church of AMRN - they will not accept any bad news and they keep placing hope in a savior - be that legal ie Marjac or Rogue investor like Denner or a new indication, it will cure cancer it will cure alzheimer's ( such broad hopes for utilization in multiple disease areas is in many cases not logical as disease are multifactorial and a broad indication would have to have diseases united under the same mechanism - ie autoimmune etc) and then the echochamber magnifies it etc etc. Shorting AMRN has made me some money but right now I'm not so certain it can go much lower as they do have revenues and value based on that income. However, Its not a place where I would park any money at this time. I will think about reinvesting as the court date for Health Net approaches - losing that case will mean little to stock price as the US market has already been written off, winning it however, could see a large boost in SP, that play may be worthwhile.
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