/biz/ - Business & Finance

AMRN - more good news for our hero. The latest predictions all seem to be angling for a 194 % gain still to come for the stock. (Current price is holding at $18 per). At this rate (the drug ain't even selling en mass yet) we'll have to celebrate by creating "Praise AMRN" T-Shirts or something. Profit is coming oh yes indeed.

Good news on two fronts:
Armn - Has the drug locked down via Patents till 2030 (11 years). Means a steady stream of Profit coming to them, and only them, for 11 years. No one else can make this drug for 11 years. If you recall the last estimate calls for 2.5 billion profit by 2021. So you can just kick back and watch the profit pour in for 11 years.
The only thing holding back this train is the FDA. Once they green light this baby, this train is taking off big time.

GE - Yes, another kick in the teeth today but there is a sliver lining waiting. They are selling GE Transportation to Wabtec. GE will take a 20% stake in this venture. GE Shareholders get W stake as well. W is trading at 90 per atm. So your getting a stake in W at chump change. Once word leaks, GE stock may hike a bit due to the awesome backdoor potential here. Also once the GE BH sell off is done they're doing a share swap. GE gets BH shares. BH gets GE shares. Buy both now to reap rewards later. Yes I had money left in my brokerage so I bought both GE and BHGE shares.

Another good day for our hero Armin. Green today.
2019 is looking to be the year of profit! (2 billion in drug sales, at last estimate). Still holding with a "buy" rating so ..

AMRN - A gold mine in waiting. Profit aplenty. For a bit things looked bleak, the results came back, few docs said it was shit. Our hero sank overnight, lost about 20% the gains it'd made. Investors sold out, I'll admit, I was one. But then; new info saw the light of day; our hero was not shit. I bought back my shares, cheaper than the first time I may add, our hero climbed back to its rightful place. Now? 2 billion in drug sales are predicted for 2019 alone.

Well Armin fans I apologize for panicking and dumping you. I happily plan to rejoin you again on the 20th. The upshot is that it will cost me less this time around. I pray to Armin to deliver loads of profit!

Well friends it seems our hero Armin turned out to be a shit in hiding. Lawyers are involved in it now. The stock tanked back to 17 again today. I bailed when it was at 19 so lucky for me I broke even. While I was on the selling train, I sold some more positions, trimmed the excess bloat I didn't need. Ended up with enough profit to achieve the ultimate goal; buying Amazon stock. While it was Cheap (er) at that. Now to round things off next week with buying GE, BHGE, WMT, Microsoft, Fox, and Intel.

Can then just sit back and watch the profit grow and grow over the next 20 - 30 years

Amarin Corporation released it's findings yesterday. The gist; Drug worked apparently to well so a few docs blamed the Placebo (fake) drug given during the testing. Nothing wrong with our hero though. The Profit; The Sky's the limit now, the Profit Train is getting ready to leave the station. A takeover offer or two being floated about is not out of the question anymore since A; this is a small company (50 people) B; the profit generated by the Drug sales is estimated to be 1 billion in 2019 alone, and C; The drug is patented so no other company can make it, even a generic version for several years.

ARMN

Reminder: Our hero releases the facts of the drug on Saturday. Sales of it is already up by 15%. They are getting ready to expand the sales force to promote the drug (which is a good indicator the drug is a sure thing, otherwise why bother?). Potential 1 billion in drug sales in 2019. Take over offer is a pretty sure bet after the 10th. All this means is that the Profit Train is almost ready to leave the station. You better get onboard now before it leaves you behind.

Reminder: The 10th is the "big day". That's the day our hero will tell the doubters and haters to "Suck it". Sadly its on a Saturday so we won't get to see the stock flex its muscle and climb till Monday.

Well our hero AMRN is down almost 2% right now, mostly due to voting shit. It'll pick back up tomorrow so don't sell! The bigger question is; how high will our hero go? Some say $40, other's say $80. A nice even $100 would be nice. It may happen.

Well my hero stock AMRN did not fail again today. It climbed a bit, busting the $23 mark, to close just under it. The opening was $22.75. I fully expect it to keep up the fight till the 11th. Then once the awesome results hit, to see the price skyrocket and takeover offers to start landing. Profit Profit, Profit, jump on the train now, or get left behind!