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irishpaddy

01/23/20 6:14 PM

#243073 RE: sts66 #243066

What a load of horse sh1t. Any business person with a tanker of gas would have to rise the price the minute crude went up just to keep their place in the market. I did not invest in Amrn to provide cheap drug prices. I or Amrn have zero duty of care to patients beyond honesy of product. As an investor I want JT to maximise profits, if this is as successful as we expect I want Amrn to charge to the limits of supply. In other words if success limits availability then rise prices to match demand.
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north40000

01/23/20 6:24 PM

#243074 RE: sts66 #243066

sts66, your diatribe vis a vis JT does not explain why some of us have been paying the same $36/year co-pay into 2020 vs the same amount of co-pay before 11/18/ 2018.

Is some other entity in the distribution chain( that would make less money w/o a product price increase from Amarin) now forcing Amarin to increase its prices to maintain its margins?
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hayward

01/23/20 6:46 PM

#243077 RE: sts66 #243066

sts66

To be fair if the price of gas goes down and they reduce the price to reflect that( As other stations due and they have to stay competitive ) the gas in the ground is still brought at the higher price so less or no profit.


It's like gas stations jacking up the prices the instant crude oil goes up - the gas in their underground tanks did not cost them what future deliveries are going to cost, so they pocket the extra profit.


Michael