Amarin Corp Plc (AMRN)

[sts66]

CA doesn't have excess electricity - they don't have anywhere close to sufficient generating capacity, especially on cloudy windless days. And even if they did have extra power, it wouldn't be economical to run a desalination plant only during daytime hours, the process isn't like flipping a switch where you can start and stop it on a whim - plus that's the most expensive way to produce water there is. I know a lot of NoCal uses groundwater sources - in fact there's a stock someone I know elsewhere owns that has a large % of it's value locked up in groundwater rights - they sell it to farmers as well as use it for their own farms/orchids - they've gone into the pistachio market in a big way and for some odd reason growing those sweet little nuts takes more water than almost any other type of food. They're trees, not legumes, so that's part of the problem.

As far as the HN settlement not moving the stock price, why would it? If I didn't get email alerts from AMRN when new SEC filings are made I never would have known about it, just like I didn't know they were (apparently) appealing the dismissal of Hikma from the infringement case - no news services, including SA, picked up the news because AMRN didn't release PR's - even w/o a full time PR person like Liz used to be they should be able to issue frigging PR's about court cases that may affect the company's fortunes.