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mrmainstreet

07/24/24 11:49 AM

#427133 RE: JRoon71 #427132

Do you have any concerns with AMRN remaining as a going concern, with regard to cash flow, exclusivity loss, etc...? I'm still trying to figure out if they will conserve cash given the PBM news or move forward with the buyback.
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couldbebetter

07/24/24 7:52 PM

#427140 RE: JRoon71 #427132

JRoon71, Very good analysis and all very much plausible.
Before we see the share buyback begun in earnest, I hope
we see Sarissa increase their AMRN position significantly.
That, for me, would boost my confidence that Denner actually
is following a plan. If Sarissa fails to take advantage of the
low price of AMRN stock prior to any actual buyback, would
give me pause as to Denner's level of confidence. So far I
do not see any indication that Sarissa is accumulating more shares.
Given the low price of AMRN stock, that in itself, is disturbing.
I would not be surprised if we find out the share buyback plan
has been rolled back to year end.