Amarin Corp Plc (AMRN)

[shadolane]

If BP had any interest in AMRN this is the time to make a move while the pps is near $1. But I think V is seen as a very damaged opportunity via the courts and all the negative opinions about mineral oil. Add to that the generics taking a good piece of the pie. BP buyout seems a long shot.

So we are left with AMRN management to get the job done. We've seen what they've done. Unless Denner intervenes AMRN's entrenched management and BOD will collect their salaries and stock bonuses while the piggy bank is drained.

So $5 is questionable. But what alternative is there to holding? We're $1 away from a total loss.