Replies to post #231915 on Amarin Corp Plc (AMRN)

[Invest83838]

I Agree O'Bryan


unless AMRN is BO, the stock price will not "shoot to the moon" anytime soon

but will most likely steadily grow over time

assuming the 2020 elections don't turn the economy upside down

[rafunrafun]

It may stay at 20 +/- for some time, but not forever

Interesting, with an upcoming CVE label and a generics settlement, you think that PPS will be at around $20 ... 10% lower than currently?

[Atom0aks]

1) 5-10 P/S; faster growth is worth more, VRTX is 14. 20 is quite rich. It may stay at 20 +/- for some time, but not forever; as it gets some stability, it likely will moderate.

2) bcs I think with the rev growth the downside is limited. However, I'd believe the SP will grow, just not to the moon and just not as fast as many here say.

I share a similar sentiment. I don't think we will breach $30 without a buyout. My strategy will be to sell the news when the label is approved and buy back in after the correction.