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Meowza

07/01/20 8:34 PM

#284035 RE: Bouf #284023

Seriously? What a dull response.

Tens of millions of shares traded. Millions of calls expired OTM, and shorts rewarded for a bad decision. Drug access jeopardized for millions of CVD patients in this country, drug development generally imperiled. None of it based on the correct call. Judge Du's decision was truly system breaking.

And yet you have the gall in 284020 to blame investors for relying on courts to do their job. What good are you, if you can't bother to apply precedent to all the facts you're spoonfed? How can any biotech CEO turn down a settlement demand from patent troll generics? This decision is why generics will only intensify efforts to hold hard won, highly unlikely new therapies for high ransom. They have at least a 30% chance of winning because judges gon' judge. That's a terrible level of unreliability for new drug developers. Yes, investors are poor judges of judges' poor character.

Please, the next time you want to generalize about court virtue, let us know whether you're still posting with a straight face.
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marjac

07/01/20 8:34 PM

#284036 RE: Bouf #284023

Because what is gone, is gone. The company will never be worth what it could have been worth had that destruction not taken place. Time value of money. The whole year of 2020 lost in an abyss. Plus even with a reversal, whether that provides the expected growth in the stock price and/or a BO, remains to be seen.
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MontanaState83

07/01/20 8:57 PM

#284043 RE: Bouf #284023

Bouf - Seriously???
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Biobillionair

07/02/20 12:01 AM

#284059 RE: Bouf #284023

Because irreparable damages have been exacted on Amarin stakeholders to the point conditions can not be placed back the way they were prior to Du’s actions. The decision directly caused the damages; reversal of this decision months after, has no monetary remedies. The damages are irreparable...don’t pretend you don’t understand....don’t deflect the direct cause of damages. The courts operate on procedures; if Du did not follow procedures then she failed not the courts. The courts need to reverse her procedural mistake but this will never cure the irreparable damages due to incorrectly applying or flat out ignoring proper procedural steps. There is another process to seek damages from a US employee that causes harm in the scope of employment.....

BB
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beachboat983

07/02/20 12:12 AM

#284060 RE: Bouf #284023

Bouf- off the top of my head:

It's like getting in a horrendous car crash. Will you make it out alive? And if you do, what permanent damage might you have to live with forever?

It's like an innocent man getting death row. Will he be freed?

It's like putting in hundreds of millions of dollars into research, and getting the research snatched away from you, while everyone is watching calmly. Will you get any of it back?

But yes, it can also be like being making poor investment / risk management choices. Will you be able to come out alive?

In all these cases, there is irreparable damage, physical and psychological.