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invest2992

05/30/14 4:26 PM

#28403 RE: RobinF #28397

No, but I think mine is apt to happen first, unlikely FDA WILL TURN ON A DIME like that, hope you are right but doubt any agency even when wrong and remonstrated can respond that fast
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ziploc_1

05/30/14 4:57 PM

#28411 RE: RobinF #28397

W.S. still thinks of Amarin in terms of insolvency....Thus it's low price. This means the following potential buyers will not or can not invest in Amarin...
*high frequency traders
*401 K's
*other pension plans
*banks
*Fiduciaries of estates
any institutions that have in their bye-laws a provision,which forbids investing in stock below a certain cut off price.
*husband and wife investors where the wife thinks the husband is crazy
What will get us out of this mess? The answer is, as you have stated, increasing sales. W.S. says "show me the money". Until we can produce cash, there may be small gains from catalysts like the reversing the SPA rescission,approving the NCE, good R-IT results and Anchor approval. The really huge increases in price remain as a reward for increasing revenues.