Replies to post #199951 on Amarin Corp Plc (AMRN)

[PacificNW]

There don't play those games, especially due to the fact of his accounting background. Those games are usually played by others.

[CalMustang]

sts66, I want to clarify:

Guess we're just going to have to wait until the 10-Q comes out to see where that extra $10M came from, and whether it can be repeated in Q3 - if what Cal is suggesting, something related to accounts payable, it should be easy to tease that data out and conclude it was a one-off timing related event. I'm still not convinced something like that would actually cause a boost in COH instead of just reducing the quarterly loss, but then again financial accounting ain't my strong suit. More like a handicap, LOL.

I don't personally think something fudgy is going on with Accounts Payable. I was just playing the devil's advocate on that may be what is happening. I think many on this board will be surprised at how close to breaking even Amarin is... something that many did not anticipate until 2020. But it is conceivable that COH would be overinflated by keeping the cash until after closing the books and then paying the debts listed in accounts payable. Remember, we only got to see one side... not both.