Well done JL.Nice to know someone has the balls to put their money where their mouth is.Best of luck.How do you see this playing out over the weeks and do we get a 20% kick up from Judge Du only to be taken back or are we cruising after Trial results
The one pt I agree on is that any price below $13.50 is a low cost spec on a probable positive decision for Amarin in this patent trial ........and have buy orders triggered at $13.50 and below
The spread of the COIVID19 virus is not a hoax or phony in any way and I hope you dont end up eating those words . Regarding your other pts. We are also dealing with a crash in oil prices. While many of the frackers have hedged their positions thru 2020 they have not ...from what I have read ... many hedges in place for 2021 . Which means they will start defaulting on their loans in 2021 if not earlier if oil stays below $40 a barrel They will also be laying off their workers
The airlines are heavily leveraged . They will also be at risk of defaulting on their loans because of a drop in air travel ...and will probably end up like Lufthansa in the EU ...seeking govt support.
This is not the crash of 1987 part two . Its more like 9/11 and 08/09 ....a major external shock to our economy ....but in this case both demand and supply shocks
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