Amarin Corp Plc (AMRN)

[Johnniegalan]

Denner view…short term v. long term….Denner knows that a Proxy contest is very disruptive to the daily operations of the target…it certainly is not a plus for the reimbursement discussions in the EU…..and yet he launched the Contest in any case..WHY?…because he is done waiting…he can sell his stock in the open market (see Baker Bros.) and incur not only a huge financial loss, but a catastrophic loss of activist reputation….which is unacceptable…so best to get control of Board and sell immediately to highest bidder (before U.S. cash flow dries up)…he knows another generic (Teva) would like this business…he needs $5 share or better to save reputation (which would constitute a huge premium to the date he wins Proxy contest)....remember “record date” hasn’t been set by Company yet….owners on that date get to vote…..there are big pools of money that do nothing else outside of betting on deals…they accumulate “target” shares in anticipation of a vote….IMO…..Denner wins the vote and the Company is sold for a “hat size” in the short run….