InvestorsHub Logo
Followers 20
Posts 2700
Boards Moderated 0
Alias Born 01/27/2022

Re: seve333 post# 423223

Saturday, 04/13/2024 1:48:42 PM

Saturday, April 13, 2024 1:48:42 PM

Post# of 427040
Yes, it's frustrating. But if you take a few steps back and look, you can see what they are trying to do. And you can also recognize that it's going to take time. And it's not so much that it takes time to execute, but time for certain milestones to appear (we have to wait for the buyback, the lawsuits take time, results of trials take time, regulator approvals take time, etc.).

In the interim, it can be very frustrating, as you said, not knowing what's going on.

But, you also have to remind yourself that Sarissa has some sort of game plan or exit strategy. So they are likely not going to be satisfied just GIA in perpetuity without a commensurate rise in SP (or eventual BO).

Finally, the (hopeful) rise in SP is likely not going to be linear. If I had to guess, Sarissa likely wants to utilize momentum to build the stock price. Build one positive catalyst on top of another (along with aggressive, positive PR), and squeeze out shorts at the same time. My *hope* is that they can start to build this momentum around the stock buyback. But who knows.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News