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IgnoranceIsBliss

01/05/23 6:24 PM

#397010 RE: alwayswatching1 #397009

A fund "friendly to AMRN management" would be a fund "that loves losing money for its investors" -- I'm not aware of any funds that fit that description.

AMRN management is simply counting on the normal distribution of shares between disparate retail and institutional investors to allow them to siphon off every last dollar in the form of compensation until all the patents run out.

Denner would have to make a tender offer for this pig (which would be financial suicide anyhow), and thanks to AMRN being incorporated under English law, it is exceedingly difficult to push through a takeover over management's dissent.

AMRN management, vampires that they are, have this company well set up to turn into a giant bag of blood to suck down over time. The company has been set up to make it as easy as possible to do this.
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lizzy241

01/05/23 6:54 PM

#397012 RE: alwayswatching1 #397009

alwayswatching, BB liquidation is part of the Lars Ekman departure they no longer have any interest in amarin. Nothing more nothing less. They are gone and that's a good thing. The newly appointed board members are not Denner friendly. But as it says in the 8 K it has been arranged back in Oct that they would be permanent once the Ekman and O'Sullivan depart.
The new universal proxy rules will come into play this year for their annual meeting. I was hoping we wouldn't have to wait that long to see the proxy filing but besides the special meeting being called, that's our only hope for change in management.
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DAR53

01/05/23 7:43 PM

#397018 RE: alwayswatching1 #397009

But why would a fund friendly to management purchase these shares only to see it languish in the $1.20 - $1.30 range? I would want it to go to $20 or above instead of pennies over and over by shorting. JMHO