Amarin Corp Plc (AMRN)

[shadolane]

Here is a simplistic reply.

If we stick with current management, BOD COB, etc we can expect more of the same.

There is no evidence that anything has changed in the minds of those folks.

They have been kicked into self preservation mode due to Sarissa's challenge. And that's exactly what they want to do. Without Sarissa they would be doing nothing different right now.

So we could very well remain at $2 pps or less if they stay installed.

If we end up with Sarissa we know they have $100 million on the line. They obviously want to minimally break even. But they are most likely looking for a 2 or 3 multiple of their pps cost. Let's say that is $8-$12 per share. For some this would be great. For others not so great.

But it would be better than $2 or less.

The choice seems obvious.