Replies to post #337900 on Amarin Corp Plc (AMRN)

[couldbebetter]

Raf, My theory is that AMRN needs the protection of BP which has
political and business connections. Without it, we are lie a small
ship adrift in an ocean where we have limited control. My fear in
GIA (for now) in Europe is that without having that Eurocentric BP
protection there bad things may happen. I am not saying that AMRN
must find an acquirer right now, only that our fate may not be a good
one without a BP BO. Can AMRN compete without a reversal on Du?

I don't know, except that BP has much better odds of success than
AMRN in GIA mode. Today's verdict is not unexpected but horribly
disappointing none the less. My opinion remains that Europe by itself
is still worth $20 regardless of what happens in the US. I only wish
the US were a problem for BP to solve and not AMRN or its loyal
shareholders. I also would like to have Marjac on the BOD of AMRN.

[Number sleven]

Raf, You are absolutely correct. EU/ROW market was, for the most part, not priced in at $26. This is raw emotion and fear of the unknown. Mathematics and logic are socially out of favor. In today's world science takes a back seat if it goes against opinion. I will not be drawn into this new world thought process. I have read the science and done the math. Other people will catch up eventually.
Sleven,

[Pharmacydude]

Raf
Today’s PPS is so low because the ROW is at least 2 years away from generating any meaningful revenue and that is what WS cares about. Amarin will have to fight to maintain its current revenue while investing a lot of money to expand in EU and later in China so it’s not worth much at this time (unless V works on COVID)

[mrmainstreet]

It makes sense if you figure the market has zero confidence that AMRN will do anything in EU/ROW except step on as many rakes as they possibly can.

They went from the little company that could with a candidate for Exec of the Year, to an absolute trash fire with a joke of a management team and corporate culture.

Incredibly sad, but you saw this firsthand when you pointed out the website was two years old. That's apathy from top to bottom.

This is why I'm glad KM is taking over, as it gives the company a chance to remake its image.

[MNBioMike]

Momentum sure is a powerful thing, isn't it?

One could argue that the US was valued at $22 since we crashed to $4 after the DUche ruling. It's pure silliness though....EU should ultimately be valued about the same, but there was value built in to the US having momentum, 1/2 billion of sales, etc. As Yee said, should have been one of the strongest launches they've seen.

Let's get that US "Mo" back soon. 40,000 hours per week!!!

[rosemountbomber]

Although today’s price is ridiculous, unfortunately the $26 price was an ephemeral price based on the hype of approval. The market sold that off because it then wanted the company to prove sales. Look at so many one product companies. Big spike on approval which then gets sold off and the markets waits for sales and profits to meet projections.