Replies to post #434697 on Amarin Corp Plc (AMRN)

[ProLiberty]

I don't disagree but as long as it remains here, or at an even larger discount to cash, the higher the likelihood that it gets taken for a song.

[seve333]

That may be the only option at this point. Is been a three year disaster for small bio's but AMRN has not reallly made any progress in two years so what makes you think that will change in the next year? They will start burning through cash and the USA market will continue to decline. Sometimes its best to cut bait while you stil can. But that assumes anyone is even interested in buying it But if they could have sold should have done it before the RS which will make the stock price even more worthless. Denner sure is something.

[rosemountbomber]

Don't disagree BBI, but for Amarin every time since March 2020 has been the worst time to sell. Problem with waiting is that while our cash position vs debt looks relatively good now, a forecast would be for there to be less cash a few years down the road. It is pretty clear that it would require a BP to maximize (heck not even maximize but simply raise sales in the EU to something even coming off the axis and visible on a chart).

With the overall market if free fall, it is very, very tempting to cut bait and put the money in something that you know will bounce back, as there are a number of stocks on sale right now.