Replies to post #99696 on Amarin Corp Plc (AMRN)

[investorfreak69]

"Obviously at this point, there is no right or wrong answer as it will be strictly personal decisions, but I think it would benefit many people if others voiced their opinions on this. And by skyrocketing, I mean something like from $5 to $20, immediately thereafter."


$20 is NEVER going to happen! This stocks speculation factor is GONE. It will stay at BV and when revenues increase and the Net Losses (which are pathetic) turn to profits the pps will then increase.

You and others on this board are so unrealistic it's disturbing.

[golf stud]

My thinking is to get my money out when great reduce it results happen. Lets say it hits $25 I would probably sell 10000 shares (I have 50000 shares). My money is out and I made $60000. Then let the rest ride and if this does anything close to what JL thinks can happen sell 10000 shares at different intervals. MY pie in the sky expectations is to sell my last 10000 shares at $1000 a share. Sometimes dreams come true, never know....

[ggwpq]

Your plan is not much of a plan. The stock won't be over $10 even with +ve R-I result unless there is a BO. If we are lucky enough to get a BO then your plan doesn't matter.

[Hondo1021]

My plan is to buy some Puts when the share price gets above $10. If we got to $20, I would buy additional Puts. I'd continue this for every $10 rise.

I think this insurance makes sense as it allows me to ride this out and lock in gains. I've 'enjoyed' this roller coaster for years and believe there is significant upside. Either buyout or GIA will be quite volatile. My hope would be to one day sell in the 50s with worthless Puts. Just like I hope to never use my fire insurance. (Or my life insurance).