Replies to post #445629 on Amarin Corp Plc (AMRN)

[alwayswatching1]

This is entirely factual and realistic. I hate it. I want excitement and delusions of grandeur. You know $500PPS kinda stuff. Can’t we just be rewarded for our pain and suffering!?!

[mrmainstreet]

Good summary and realistic perspective.

[rosemountbomber]

You are right on target. With the exception of their lack of communication to shareholders, this management has done about as well as they could. We have to remember Amarin was and is to some degree between a rock and a hard place, without much room to maneuver.

[JRoon71]

Well stated

[KnowNothingJonSnow]

All good and well until you remember patents expire…

[TastyTheElf]

For the share price to move, the use of cash issue has to be resolved

The company has provided no reasonable answer to the question why excess cash, with more cash coming, should not be used for buybacks

Until that question is resolved, the market -- fairly -- will presume that either/both the company isn't confident about cash generation and/or they're going to throw away the cash on some speculative hail mary

Repeating the strategic financial advisor discussion baloney only creates more doubt

[ProLiberty]

I think all your points are spot on. The investment has never been a better risk/reward than it is currently given that burn has been eliminated and the important unknowns have advanced to a later stage (legal, LR-etEPA). Regarding LR-etEPA, I think approval will simply justify a higher price from a new owner that will complete the work. Last, there are no more excuses on the buyback. Either it gets implemented or it is likely a strong clue that Barclays is in the midst of talks that don't allow it (as with the unknown number of months on Recordati). Looking forward to the Q4 call detail and guidance. Assuming Q1 adds to the cash pile, and especially after reorg costs are complete, the stock should ramp.