$AMRN I am trying to look thru this with my new glasses. With our current MC we are 15x earnings. so we are basically priced for some sort of label and future earning increase. so we have "anticipation" built in. The question is, how much of our 15x earnings is placed on what label. And the bigger question is how much we go up and for how long until it reverts back to "show me". If management keeps flashing GIA cards, then WS is going to price this as GIA and that will not be pretty in the short term because we are already trading way higher than we should based on anticipation.
  • 3
  • 6