Amarin Corp Plc (AMRN)

[OldYeller187]

Hey MRM, I bought some down here after the initial crash around $1.30 or so, but haven't added shares in a while, and don't plan to add any more at this point.

I am still holding all my shares and don't plan to unload anytime soon, but do have serious questions if the company can dig themselves out of this hole. On a brighter note, I don't see a whole ton of downside, especially now that these idiots have stopped the ridiculous cash burn. I would be very happy if this gets back to $3-$4 range, and anything above that would be somewhat miraculous IMO. Increased EU revenues are the only thing that will move this up, and we have the Denner wildcard too - I think we'll know what's happening there soon, probably 1Q 2023 at latest.

Like you, I'll be selling covered calls when my January 2023 $10s expire. Selling covered calls is literally the only intelligent thing I've done with regards to this soul sucking investment.