Replies to post #235436 on Amarin Corp Plc (AMRN)

[xblkbk]

; )

[MNBioMike]

God, you're a good writer and one of the more rational thinkers. Are you a CPA? ;)

[juslin]

Enjoyed the story. If you're not a writer, when AMRN is BO you should quit your job and become a writer.
Thanks.

[MateoPaisa]

!! That was awesome and very understandable. Thank you!!

[kevin1231]

cheers!

[tmac20]

Tasty can you elaborate:

They are selling this hard because they can. Because there’s a short-term catalyst vacuum they can pound

I am curious as to who "they" are and if they are selling this then they must own it so it would be classified as profit taking.

My theory is that there are a lot of people who got this stock under 3 dollars and have been very patient and have lived through all the hurdles this company has had to get over and they don't see an immediate catalyst (which you mention) so they are simply taking some (or all) off the table and have decided they are good with a 6 or 7 bagger and the next true catalyst will be in the execution of the sales force to become immensely profitable over the next year. To an extent, they are a little spooked by the guidance JT has given. I remember I posted something a while back indicating that 1 billion in sales would be a stretch for 2020 due to "ramp up" and I was laughed at.

I agree with everything you say but I think the sellers are just exercising their right to make a big profit. I don't think they are trying to pound the price down for any reason other than to make a buck. We have all waited for the label and it came. We all thought 30 was in sight and some of the people immediately started bailing when it didn't go to 30 right away and this prompted more fear selling.

I have not sold one share and I continue to believe that this management team has the skills to navigate a GIA strategy that will provide significant upside at the current PPS.

I think the shorts are just benefiting from the profit taking at this point.

Thanks for all your posts - they are both insightful and humorous !