Replies to post #446670 on Amarin Corp Plc (AMRN)

[ramfan60]

RMB, we would be acquired before we were to acquire anything......it doesn't make sense to acquire anything since we effectively have no infrastructure. Not to mention a management team that graduated last in management 101 and communication 101.

[JRoon71]

RMB, the entire purpose of a share buyback is to increase the stock price, through reducing the float. Sarissa likely wants to time any re-purchase to correspond with either with other major news, or when they are actively seeking to sell the company. Since neither is imminent, beginning a share buyback now would be poor timing.

I don't believe they are trying to conserve cash for operational reasons. If anything, they eventually want to use that cash the way they are using cash at their largest holding (INVA).