Replies to post #300378 on Amarin Corp Plc (AMRN)

[Lrich]

Clock is ticking

That's the issue. I'm plenty eager to sell for $16 (easy math for a 4x multiple). I've outlined why I think that is acceptable (many disagree, that is a different issue). Biggest problem is that there have consistently been insane valuations yet nothing has come to pass.

I don't just frankly don't see Amarin, as a corporation, achieving those lofty price targets, with or without JT. That is because I believe the whole team is rotten. While they should be replaced, that is an unrealistic goal. So selling "for cheap" is more "rescuing my investment." $16 now is worth more than $16 another 3-5 years from now. And based on the performance and execution to date, I suspect it will take that long to reach that level.

[zmanindc]

Never meant to imply we are sold at this price and I agree with you on Thero. I am just saying win or lose the best strategy is being sold to the highest or best bid. This company has to be taken out of the hands of this management team.