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Walshballs

11/13/15 7:08 AM

#64585 RE: dmlcento #64577

Dm are you just another upset ihub poster that doesn't like to hear a shred of negativity about your beloved Amrn. Akanz has been a long time in and out holder of this stock. He has timed his buy and sells brilliantly. When the story changed he sold for a profit before the stock tanked then Bought back in to play various market moving events that in a normal stock would have pushed it much much higher. Judging by today's and the last several weeks of scripts they are not going to save Amrn from dilution if reduce it has to play out until completion. Instead of relying on what another poster said that they won't need dilution. How about giving us your theory on how they avoid it past 2016 ?
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Mogwai

11/13/15 9:08 AM

#64591 RE: dmlcento #64577

HD has been of the opinion that if REDUCE-IT isn't stopped at interim, AMRN will need to raise funds.
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Whalatane

11/13/15 11:47 AM

#64610 RE: dmlcento #64577

Dmlcento I try to reverse positions on a dime ...

if I can find reasons to do so.

So an example of what I look at .
We had weekly script data today ...TRx of 14,360 +3.57%.
If we average that rate of growth going forward ...how many weeks until we have doubled weekly scripts .

Answer ...about 20 wks ( 5 mths )
Rule of 72 .....Gabor ( or anyone else with a math background , correct if necessary ).

From memory of Gabors work we need about 34,000 weekly TRx to be break even . So we are not going to get close to break even at the time many of you expect Interim results ( Late Feb for the 967th event then 3 mths to process data )

So what will change my mind .
Basically a faster up tick in weekly scripts and a reduced cash burn .
I want to be certain that the Co can avoid dilution not matter whats happens at Interim , or even when it happens.

Kiwi