Replies to post #425629 on Amarin Corp Plc (AMRN)

[Number sleven]

FFS, Thanks for the response.
Sleven,

[JRoon71]

FFS, I have tended to agree that Denner is not just here to turn the company around and sell it for a fortune. I think there has been a lot of financial engineering going on. As he explicitly stated in his proxy, that includes shorting AMRN stock.

IMO, I think Sarissa is looking at a number of potential catalysts to turn around the company...full approval in EU, big growth in China, results of pending litigation, potential new formulation, BRAVE, etc.

Obviously, he would like to see the highest possible BO. However, I also believe that he is positioning Sarissa for the worst-case scenario - where NONE (or only few) of these catalysts come to fruition. So he has been slowly lowering his effective cost basis through strategic shorting, tax-loss selling (or moving shares between entities), and buying in at lower prices.

Unfortunately, the facts seem to keep getting stacked against us. Yes, we have the "science" in our corner. But we have also seen that sometimes science does not prevail. Maybe someday it WILL prevail in the hands of a BP. But current investors may never see the fruits of that (in the form of a high BP BO price).

And THIS is what I was afraid of with Denner getting involved - all the people of "science" were booted from the company and the board, and replaced with people of finance.

[Whalatane]

FFS. Mgt will be under significant pressure to get PPS above $1 for at least 10 days before end of year .
If they don't they will need to do a reverse split ( not pink sheets Ralphey )
Right now they still have a lot of cash and a lot of inventory .

Kiwi

[Snd101]

FFS, when you predicted the stock would/could go up all the way to $1.7 based on pure technicals, you also had a sell order at $0.8 to protect your investment in case the price breakers through the floor of the rising channels and falls below (again based on technicals). The risk vs reward was 1:22, if I remember correctly from your post. That was brilliant analysis.

Now the price is moving is in a falling channel. Similar to the previous case, based on the technicals, is there a price point which if the share prices crossed, would mean the stock shattered through the ceiling, ditching the falling channel and making its way to the rising channel. If so what is that price point? Would you yourself buy at that price point?

[FlyFishingStocks]

Get ready for a long summer of sideways 'absorption' type price action as sellers and short sellers step on every Buy-Back induced rally.

Can you say 'Rangebound'?

At least it isn't a fallout to lower lows... that comes after the buyback is complete.

Icelines and down trendlines are deadly components of an investment.