Replies to post #233520 on Amarin Corp Plc (AMRN)

[BostonTrader]

It’s also net revenues and not gross.

[Invest83838]

Share Price Should Be More Than $30 per share on Monday

"VASCEPA total net revenue guidance increased for 2019 to a range of $410 to $425 million and for 2020 is newly guided to a projected range of $650 to $700 million"

Seems like it could go as high as (650 / 410) x 24 = $38 per share

But I suspect $24 included some "premium"

So I would think (hope) we could see at least $30 per share Monday

Have a great weekend longs!

Adam F and shorts can just die of CV events - good riddance

[dmiller]

What concerns me is their updated guidance for 2019. It's not much more than their original guidance. Only 2 more wks left of the qtr/year so they are not sandbagging this guidance.

Remember AMRN is very conservative..this is a very low bar