Replies to post #375597 on Amarin Corp Plc (AMRN)

[Whalatane]

FFS. re your view

you have a horrible situation very comparable to 1929 (in terms of vulnerability to a crash).

As I've stated several times ....Testing recent lows ( even testing S&P 4,000 ) is a distinct probability .
A crash ala 1929 is very very unlikely .

Where I could be wrong .
If Russia decides to block all gas / oil exports to the EU ..oil would probably spike to around $180 a barrel and most world economies ( excluding the oil exporters ) would fall into a very several recession .
That and Russia using nuclear weapons in Ukraine .

Margin debt levels alone is not enough to cause a 1929 type crash
JMO
Kiwi