Replies to post #425918 on Amarin Corp Plc (AMRN)

[rosemountbomber]

Respectfully, Zip, whenever there is a reverse split the odds are overwhelmingly in favor of the investors losing their shirts.

The slight loss per share gets magnified after a RS split. And, a company doing would never be in a position needing a RS to get their stock price over a buck.

Let’s hope that the buyback not only gets the stock price elevated, but it gets the market to change its outlook towards Amarin and Vazkepa’s prospects going forward and we leave the sub a dollar territory far behind in the dust.

[ORBAPU]

Take a moment to study WPRT. They did a 10:1 reverse split about a year ago. Before the split my cost basis was $2.00. Get back to me with your estimate of when they will hit $20.00. Currently at $5.70.

[Pep1217]

Absolutely horrible idea. Flawed logic. We will all lose big time. Please do not further propagate this utter and complete nonsense. Thanks.