Dropped by 50% and still everyone is still making excuses for the company.
You longs (thank god I'm not one of them!) are going to continue to lose money.
Keep on listening to JL, akanz, todhale! I do think they believe in the drug and are not blind pumpers, but they just don't understand how inept this management team has become. There is no transparency and investors are not getting any insight into what the heck is going on!
One man's junk is another man's treasure. This stock has been somewhat of a savior for me. I got in 2 1/2 years ago at $3.03 and the profits have more than made up for a few bad mistakes (RNN and CHTP).
But, I know how you feel from losing my #$%$ in those 2 stocks.
Come on folks. Show a little humanity here. Someone sells out to cut his losses, give them a break. They're not short...just hurting right about now. What the F is wrong with some of you? You read posts from some pervert like amarrildose, who likely doesn't own a share of the stock, and is only here to berate others behind the safety of a yahoo message board, and you put on "iggy" people who actually invested in the company, supported it, but can no longer take the pain.
The mentality that if you hold something long enough everything works out just hunky dory is insane. Did you not learn anything from 2008? Back just over even right now. Great. The S&P,including dividends, averaged a gain of 1.7% per annum from 2000 through 2012. Didn't even beat annual inflation. 12 years of nothingness.
So go ahead. Be big men and women about how you're going to hold forever and let's
see what happens should sales disappoint and we drop another 3 bucks. Trust me, your die hard Board pals will be out of here so fast it will make your head spin.
I do believe in the drug but I also would like more updates from Amarin PR re the launch and sales strategy going forward.
I would like to see some direct to patient marketing
I think we will see a rollover from current meds to Vascepa..... as the current meds get used up or as patients are "upgraded " to Vascepa after a scheduled blood test.... this is likely to span over the next 3-6 months.
So short term we may be "in the dark " so to speak ---but I'm willing to be patient and give management some time.