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re: AUPH - Aurinia Pharmaceuticals

Posted on 1/24/18 at 1:46 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
19107 posts
Posted on 1/24/18 at 1:46 pm to
quote:

unless I hear that I need to sell now.

AUPH is not a stock you sell. There's not one reason to sell it now, honestly.
AUPH is still a binary option kind of play for the most part.

You're rich or you lose 80% of your investment. They are working on other drugs, but the big one isn't finished for another 18-24 months.

quote:

I’m trying not to pay attention to day to day.

I've been day to day with it since Dec 2016. Trust me, 3% ain't hammered. Stick around and you'll see a 10-30% move upward at some point. That should be fun.
Price should start to appreciate as we get closer to that timeframe.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12836 posts
Posted on 1/24/18 at 5:15 pm to
I've been monitoring this one for a while. It behaves a lot like the biotechs I hold--great 10-20% jumps then it settles. I considered getting in when it fell below $5. Wish I had.

It's always interesting to watch these as some biotechs just surge to 100% gains or more for no reason, meanwhile we wait on our long holds for catalysts.
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