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Re: johnhancoque post# 419690

Tuesday, 01/02/2024 12:46:00 PM

Tuesday, January 02, 2024 12:46:00 PM

Post# of 427206
You have a serious failure to grasp the core issues here,.

One can argue DNDN had more block buster potential. But even after approval is was a fiscal nightmare. The cash bleed was heavy and the debt was huge. They had no legit plans to improve the situation, just hand waiving on "automation" and "EU" . The BK for DNDN was easy to see as far back as about early 2012.

AMRN may no longer have huge potential (barring some serious turn of events), but is is not far from being a modestly profitable company with a very sound balance sheet,

In your posts you totally confuse valuation and risk of BKK..

I am a skeptic when people talk of PPS of $15+/share. But for those who call for BK in this decade I call total BS.,
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