Replies to post #431445 on Amarin Corp Plc (AMRN)

[rosemountbomber]

Agree with you mostly here Kiwi. Those stocks Raggy and you mentioned were great buys on Nov 29 or whatever date that was. A week later all were appreciably higher. Add another week and many are now below that entry point. They all move a bunch. Heck APP is down over 20%+ from the high a few days ago. I think some of them have put in short to medium term tops. When everybody is talking AI and Quantum computing that is when they take them down. But I see Raggy in his latest post mentioning an uptick in some of these stocks in 2025, and I think some are worth keeping an eye on and grabbing some when the time is right.

I just worry about sky high valuations on some high flyers but I used to say that 25 years ago about Amazon. I do feel a little more comfortable with downside here with Amarin. Cash, no debt, but without question it will be a slow tough slog to get the price up, but I think the downside will be limited here.

[oneragman]

Kiwi, I never trash you. So yes, RGTI is losing money and will need more. It's about the technology. All the ones I mentioned earlier use different technologies, hence my position in all of them. Google just announced a breakthrough on a chip that has a similar approach to RGTI, hence the markets may favor that more traditional approach. The balance sheet is really irrelevant, if the technology works, it will fly, if it doesn't, it won't. My expectation is they will all run igoing into next year. Maybe I will be wrong. Like I said there is a real potential for government money coming in early next year. If we get something from Congress, I will probably trim my positions on any surge from passage. Definitely cutting my position in AMRN once an official announcement on Italy happens.
RGTI is presently up 86% the past week, so I am going to roll with it.
https://www.nextgov.com/emerging-tech/2024/12/senators-introduce-quantum-reauthorization-bill-little-time-left-congress/401427/