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seve333

03/12/25 1:18 PM

#433785 RE: lizzy241 #433784

That only works if you have blockbuster news. The longer you go without it the more the shorts will destroy the stock.
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Nukemtiltheyglow

03/12/25 1:52 PM

#433791 RE: lizzy241 #433784

Lizzy, I tend to agree with your assessment. 10:1 would only get us to $4.50-4.80 range. By having 20m in OS puts Amarin in a much better position. 
Look Amarite's don't get discouraged. At least Amarin is not going bankrupt, they have no debt. 
They're in the driver's seat now.Volatility? You bet!! Which makes it even better for trading. I've essentially written-off my investment in Amarin, but now this move has peaked my interest. I've panicked and sold before when companies do Reverse splits. Only to regret that move. I can name several companies AIG, At Roads. Yes, you can't always rely upon past experience, but you can rely upon the strength of the company and business model. Those of us who have been taking Vascepa for years know the importance. I stopped taking statins even though the medical professionals believe in them. No, I think cooler heads prevail here. There's too many good things ahead for Amarin. They had to do something. 
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DAR53

03/12/25 4:02 PM

#433810 RE: lizzy241 #433784

lizzy, I never dreamed that they would announce a 20:1 ratio. My hope was that they would do a 4:1 or 6:1 which would bring the OS down to 100K shares or less. Then a BB would occur and they could announce the new formulation which I believe would have gotten and kept us well over $1/sh.
Now my 160K + shares will ratio out to 8K shares at a higher (for the moment SP) and if they can get to $50 /sh I will only have $400K is certainly a damn site better than today, but nowhere near my pipe dream of selling at $10.
I hope you are right and at some point we finally are rewarded. Right now I'm just trying to stay out of a state of depression.
GL