Hello everyone, I'm not new to AMRN but have never owned it. I've watched it for about 2 years now and would like some opinions. Is AMRN going to need another round of financing to achieve the market potential for Vascepa? Their balance sheet shows a lot of debt and pretty much no SH Equity. Have they recently done some financing? or could that still be on the table?
I tend to stay away from companies with such an "off" balance sheet but I do believe that this drug can be a blockbuster if marketed correctly. If you just read their balance sheet you'd think this was a 1 dollar stock or less, so is it fair to say that expectations for Vascepa are already built into the PPS? Serious answers only please!
You've been watching this one for 2 years.
And never bought.
Even without staying long all the time, you could have made +100% trading peaks and valleys in last 2 years.
Forget the stock markets.
Serious answer: For someone who claims to have watched this stock for two years, you sure don't know much about it. Do you know what the "ignore user" function does? I'm using it on you right now.
Sentiment: Strong Buy
I dont know much about it at all. My watchlist is over 100 stocks so when I say "watched" I mean exactly that...nothing more than watching the price action. By the amount of aggression on this board I can tell that a lot of longs have been let down. I think I'll keep WATCHING for now and see if this baby takes another hit. Good luck to you guys, honsetly.
they have 215M in cash and raised 100M in non-equity..borrowed with a higher interest rate instead of diluting the stock..this happened in december..so, they have around 315M..my numbers are not exact but they are almost close..so, i think they have around the same amount of debt which offsets with this..they are burning almost 30-40M in cash every quarter..mostly because of inventory and sales force hiring..they'll not be able to market vascepa to it's fullest extent after this december..either for MARINE or for ANCHOR population..either a partnership or a BO is needed or atleast determined by this june..
let us know what you think about it too..i might be incorrect with the numbers but i believe u get the gist of it..
Your posting history and the contents of your posts, which began about 3 months ago, seems to suggest that you like soft bashing.
I'm being serious, iggy for you a**hole.
Sentiment: Strong Buy
mt--just remember that you can only say great things about AMRN or toddlerhale will call you a soft basher and iggy you!
The SP is in the toilet and these longs continue to be jubilant and overly enthusiastic about the long term prospects of their investment!