Amarin Corp Plc (AMRN)

[JRoon71]

TSS, first, I would be careful about how much we rely on ChatGPT responses. I use it regularly, and I find that it tends to "overfit" (essentially over-analyze) the situation (not just with this, but most topics).

I also wouldn't put much credence in what Paul Choi says. They seem to waffle back and forth on Amarin. I don't really understand a $12 price target, either. That's essentially suggesting that Amarin is going to blow through cash before imploding and selling off its patents. Think about it. That's $250M. That valuation simply makes no sense. My take on some of these analysts is that their "price target" is whatever they think the stock price is going to hit in the near term, not what they think the company is really worth. And if the price rises, they just adjust their price target. Analysts are about as useful as a box of rocks.

Regarding Berg, I don't put much weight on what he says. They just have a CC playbook that they follow. Sarissa is the one driving the bus on this. Berg and Fishman were just filling time with words.

I don't think that conference call gave us any indication of anything, other than the fact that they aren't going to share their plan with us (again).