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Amarin Update After CC

|Includes:Amarin Corporation PLC (AMRN)

No BS on this call, you can hear JZ's frustration about their depressed stock price. He brought out the heavy guns, science guy, attorney, pretty heavy crew he was rolling with on this CC and they did a nice job.

Clear tier 2 progress and SG&A cost management. Also, way too early in launch to track revenues. Also, promo efforts and early reporting make it foggy. So, focus on scripts, not revs now.

Anchor clear value driver, it will get approved. When it does, my read from the CC is JZ will have higher offers than he does now to consider. AMRN will be sold to highest bidder.

Reiterate $28-32, NCE and Anchor approval.

Stocks: AMRN