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iwanderer

05/20/22 2:33 PM

#378073 RE: FlyFishingStocks #378071

FFS Agree!! There will be no more BUYING OPPRTUNITY if SP sank below $1.00. Imagine a BO with EVEN 300% PREMIUM would get SP to $4.00 LOL

Whalatane

05/20/22 2:44 PM

#378076 RE: FlyFishingStocks #378071

The smart … in this case “ inside “ money like Lars Ekman , got his fund out of AMRN when he knew the increased rebates the Co was making would mean a bigger then expected quarterly loss …. Before Co posted their Qtly

BVF may have had the same info

Baker Bros and Denner didn’t sell did they ?
Aren’t they the “ smart money “

I’ve posted this before so just going from memory
AMRN has over $300 m cash and investments they can turn into cash
They have over $300 m in inventory
They have little to no debt

As long as they can reduce their cash spend ( fewer US sales reps , roll over to lower API purchase agreements etc ) …they are not going bankrupt anytime soon

They only go bankrupt IMHO if they fail to get reimbursement with low copays in the UK / EU

TA question for U … if the Naz / S&P etc make new lows , but your stock ( AMRN ) doesn’t … is that a positive divergence ?

Kiwi