DMCB - this post you wrote received much positive feedback. I would like to ask a couple of follow-up questions since I tend to be skeptical in general regarding subtext interpretation.
"Regarding the direct M&A fishing question" .... "Choi got exactly the signal he was looking for."
It seems to me that an ANALyst needs tangible information before attaching a "takeover premium" to his price target. Paul Choi currently values Amarin at $12 a share with a SELL rating. Isn't that the clearest signal of all that Paul Choi believes that Amarin is NOT a takeover target? If an ANALyst believes that a company is ripe for a takeover, wouldn't that be based on a strong belief that the company is undervalued? Isn't it more "plausible" that Choi is sending management a clear signal that they need to take proactive steps to increase shareholder value?
Regarding Berg, are you suggesting that the 61 year old Berg's strategy is to sell the company and secure a golden parachute for himself by keeping the stock price as low as possible while signaling to potential buyers that the Company is undervalued because their management team sucks?
DMC: What's your take on Paul Choi showing up for the earnings call for the first time in a couple of years? In the past, he would substitute one of his lackies to listen in, and if I heard correctly, he had another analyst on with him. This indicates to me that they may start covering AMRN in the near future.