Amarin Corp Plc (AMRN)

[sts66]

My current #%$*&# Cigna Secure Rx (PDP) has COMPLETELY dropped coverage for V in 2024 - WTF?!?! This is terrible news if other insurers are following suit! Looks like I'm going back to my old Part D provider, Humana Basic Rx Plan (PDP) - copay for 1 mo of 1 g V is only $73, a very good price. Anyone else looking for Part D plans finding other insurers who have dropped V coverage for R-IT indication?

I cringe to think about what happens to this stock if more insurers stop covering V - they're already going to have to do a RS to stay listed, no new country approvals are coming before the 180 day clock for delisting expires. So glad I found and take the drug, but wish to hell I'd never bought so much stock, or rather wish I wouldn't have paid so much for my first few lots (low double digits) - after a RS I will never get back to even - just a 1:4 RS would give the shrs in my IRA a cost basis of frigging $26.64, higher than the stock has every traded for since I heard about it in 2011 But at this point a 1:4 RS is just delaying the inevitable, another RS - they'll need something like a 1:8 RS to get the pps back over $5, which is an important number - anything less than $5 is officially a penny stock regardless of market cap, and most funds won't invest in penny stocks. I had a similar disaster with ARNA but came out of that debacle with a 140% profit after holding for 12 yrs because they developed a new drug (the one I bought it for flopped and caused a 1:10 RS) that PFE wanted badly enough that they ponied up $100/shr for ARNA - no such miracle is coming for AMRN, no pipeline - the combo drug is never gonna get to a P2, let alone approved, too many variables in statins and doses to make a one size fits all combo drug.

As a freeloader I can't search the board to see if a RS has been discussed, although I'm sure it's come up - if there's one particularly informative thread about a RS I'd appreciate it if someone could provide me a link to the first post of that thread, want to see what some of the other long time longs think about it. Lots of people here now have joined since I stopped reading this board, so y'all keep your traps shut - you don't know me (I'm one of the original board members) and I don't want to read accusations of being a short - and you'll just make yourself look stupid - old timers know I'm been long since 2011.