Joe Z's Cardinal Sin: Why AMRN stock price is languishing
Joe has seen what happened to Reliant and his masters(Venture capital co.) want to sell and Cash out like Reliant Founder/Chairman/CEO was eager to do in 2007. These people start a co.,but want to cash out.
Now to Peter Lynch-who I know well since 80's.
.He looks at fundamentals-- Product & People.
1)Vascepa is a much better product than Lovaza--Reduce-IT study will prove its effectiveness for reducing cardiac events.
2) Paul Huff is a proven Marketing Executive with LOVAZA and NIASPAN.
Today is Steve Jobs -first anniversary. He did not worry about stock price month by month.However he worried about Apple's new products every day. He hired good people to make sure his VISION was translated effectively and quickly.--Product?People.
Seriously, Joe Z. Is no Steve Jobs! The latter knew the value of providing surprises to the upside. Joe Z. Is good at rattling the cages. And Peter Lynch emphasized products and corporate culture, along with investors doing their own due diligence. AMRN's corporate culture, at least in terms of corporate communications, needs work.