Replies to post #203890 on Amarin Corp Plc (AMRN)

[marzan]

Dan, We heard enough from you and the spreadsheet before. What price you were expecting when selling those calls? Why the various analysts price targets are above $30? Citi's is $50? What are you upto??

[Jamaalish]

I see what you are saying, and it makes sense not to get expectations up too much. The one thing is that even though the likelihood is very high for approval and so the price is kind of baked in, the consequences of a denial, though small, are extreme. Getting past that hurdle has to be seen as pretty significant, even if the probability is low. That has to count for something. But I see what you are saying. Much of the rise in price may end up resulting from people wanting to see proof in the pudding in the form of increased revenues.