Amarin Corp Plc (AMRN)

[JRoon71]

RMB, couple things...when I said $30-40, I don't mean that this was the "end game". I just meant by year-end, assuming nothing else changes. Regardless of what strategy Sarissa is using, I don't think we are much higher than that by year-end, because there will still be much work to do. But I DO think we go much higher than that eventually. I was basing my number purely on how I think the financial results are going to go this year - profitable and cashflow positive. Which should undoubtably raise the SP organically. I can't possibly speculate on what would happen with regards to the lawsuit and SC review, because it's essentially a binary outcome. Heads we win, tails we lose. Then there's the new formulation, and the potential for Sarissa to partner in the US market. Or Sarissa could pull something completely out of left field. That's why my price forecast ("guess") is only based on this year's financial results. But I wouldn't read too much into it, because a hell of a lot will happen between now and 12/31.

But, if I had to guess why some people are not happy with turning into a royalty model (except for the U.S. they actually are already) is that they feel that under that scenario the stock price will never reach levels that they are hoping for, namely; greater than $200 per share. To be fair to the royalty model, if someone bought today and could double their money in a year, what is to crow about. But in reality many here (like myself) are so underwater that $30 or $40 doesn't seem like what we have been holding so long for.