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Re: FlyFishingStocks post# 407898

Sunday, 04/30/2023 6:39:26 AM

Sunday, April 30, 2023 6:39:26 AM

Post# of 425885
FFS, You are absolutely correct on this point.
The question I am looking to get answered next is whether or not
Sarissa and/or other institutional investors will increase their positions
in AMRN. My reasoning here is that if AMRN stock is grossly undervalued,
smart money will come in to take advantage of that fact. Step 2 may be
getting the stock price back above $5.00 so as to allow greater and continued
institutional investment. I have little insight as to when a BO may actually
be announced, or at what price a deal may be agreed to, but I would speculate
a BO to be between $8 and $18. Yet before that can be agreed to the stock
should be trading between $4 and $6. Could this process take a couple of
years? Sure! Could it happen much sooner than that? My answer is, "not
until this is trading at a price over $4". (Just my own ruminations on an early
Sunday morning.
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