If everything is Obama's fault, does that mean everyone else is perfect?
Do you have any idea how stupid listening to Fox has made you?
If the pps gets to $1, you'll change your entry point to 25c. At 25c, you'll change it to 15c. You should replace the term "entry point" with "non-entry point" and then your posts make sense.
You do realize the US is now producing almost as much oil as Saudi Arabia? We've added another Middle east scale supplier to the market. The Earth is still the same size and demand is below what it was before we added this massive new supply. There's no way demand can catch up in the next 10 years, regardless the growth rate. The only way oil prices can recover is if one or more current big suppliers is eliminated. Who could that be? The problem is Iran may soon be back in the market adding even more to supply. In 12 months time oil could drop another 30%. In other words, you may be right. Prices won't remain just depressed, They may well completely collapse and remain collapsed for a generation or two. Can WPRT survive that?
That's hard to believe. With oil prices expected to decline and remain under pressure for years to come, what is the economic impetus to switch to LNG motors?
I'm happy 25c will hit. It may force some radical changes however. I could see the mother of all dilutions at that point. Amarin's mgt seems to like to magnofy the affect of dilutions whenever possible. They're running out of time to raise finance.
25c represents a 98.5% drop from the most recent high
79c represents a 95.4% drop from the most recent high
From a percentage change perspective, 79c and 25c are actually not far apart.
It was trading at 79c recently, That's 25% lower. I think this could touch the 25c when many holders recognize their losses for 2014 taxes.
You could lighten up at these elevated prices and then replace your shares when tax-loss selling kicks in. I assume you've nothing against making money?
Cash has no value when it's sitting on a wood pile with flames approaching. The cash will be long gone by the time the game plays out. Cash in a biotech has no value outside of a takeout.
It would be an extraordinary turnaround if Reduce-It actually worked and the FDA was proved wrong. In 37 years of followed FDA decisions on hundreds of products and never seen such a thing. The percentage player in me says to bet it won't happen but the gambler in me says get the lottery ticket - you can't win if you're not in.
IMHO, the only rational way to play AMRN is through options when the time comes. Buy the cheap leap calls in the knowledge that, like all lottery tickets, the overwhelming odds are that you'll be throwing those tickets in the trash bin once again. On the other hand there is that one in a million chance you won't. Bet accordingly.
Well, here's the thing:- My financial adviser was gung-ho to add shares at the $17 level - couldn't lose according to him. At the time I thought the risk too high and told him I'd reconsider when it went to a 24-month low. With small bios like ARWR, there will always be extreme ups and extreme downs. It's built in. Buying the extreme 'up' seemed less sensible to me than buying the extreme 'down'. I'm in at $1.80, or lower, sometime this month provided there's still hope on the drug end.