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re: AUPH - Aurinia Pharmaceuticals

Posted on 1/7/21 at 8:55 pm to
Posted by jmcwhrter
Member since Nov 2012
6598 posts
Posted on 1/7/21 at 8:55 pm to
Lol at this rate a FDA approval might not even get it back above the previous high
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 1/7/21 at 10:25 pm to
This kinda blows but looking more and more like everyday my put is gonna execute
Posted by GAFF
Georgia
Member since Aug 2010
2450 posts
Posted on 1/11/21 at 2:53 pm to
Finally starting to wake back up
Posted by castorinho
13623 posts
Member since Nov 2010
82066 posts
Posted on 1/11/21 at 2:55 pm to
Well, times almost up. Added to my position this morning
Posted by bayoubengals88
LA
Member since Sep 2007
19031 posts
Posted on 1/11/21 at 4:32 pm to
quote:

Well, times almost up. Added to my position this morning
I added a few hundred dollars worth

I’ve done all the damage I can do (within reason).
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
5850 posts
Posted on 1/11/21 at 4:33 pm to
Volume today indicates plenty are thinking the same. Almost 5x avg daily volume
Posted by ynlvr
Rocket City
Member since Feb 2009
4598 posts
Posted on 1/11/21 at 4:48 pm to
Please make it Rain!
Posted by bayoubengals88
LA
Member since Sep 2007
19031 posts
Posted on 1/11/21 at 4:49 pm to
quote:

Volume today indicates plenty are thinking the same. Almost 5x avg daily volume
Yes, today was a great indicator with steady high volume and a steady all day increase.

Demand is clearly ramping up.
This post was edited on 1/11/21 at 4:50 pm
Posted by bayoubengals88
LA
Member since Sep 2007
19031 posts
Posted on 1/11/21 at 8:51 pm to
Updated title for prospective investors...

It’s above $14 today after solid gains.
Tomorrow will indicate whether this will continue to run this week. It should, but $15 options expire on the 15th and we know how that can go...

Regardless, FDA approval should take us back to a minimum of $20.

This post was edited on 1/11/21 at 9:37 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 1/11/21 at 9:13 pm to
quote:

should, but $15 options expire on the 15th and we know how that can go...

Regardless, FDA approval should take is back to a minimum of $20.

I'm sad my 14s not gonna execute.
Posted by GAFF
Georgia
Member since Aug 2010
2450 posts
Posted on 1/11/21 at 9:21 pm to
Glad I bought Feb 19’s
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 1/12/21 at 5:51 pm to
quote:

Regardless, FDA approval should take us back to a minimum of $20.



My life would improve if that happened
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 1/12/21 at 6:18 pm to
Considering buying Feb 20c now. Sponsored by thst put I sold.

In some ways I'm sad about fda news this thing has made me money on so many different trades on the way
Posted by bayoubengals88
LA
Member since Sep 2007
19031 posts
Posted on 1/12/21 at 6:18 pm to
quote:

My life would improve if that happened


what’s your basis?
Posted by bayoubengals88
LA
Member since Sep 2007
19031 posts
Posted on 1/12/21 at 6:20 pm to
quote:

In some ways I'm sad about fda news this thing has made me money on so many different trades on the way
It’ll continue to have ups and downs.

Can someone inform me about the 2037 labeling? Specifically why it’s uncertain and why it’s important...
Posted by castorinho
13623 posts
Member since Nov 2010
82066 posts
Posted on 1/12/21 at 7:03 pm to
quote:

Can someone inform me about the 2037 labeling? Specifically why it’s uncertain and why it’s important...

you're the expert on this thing
Posted by Volt
Ascension Island, S Atlantic Ocean
Member since Nov 2009
2966 posts
Posted on 1/12/21 at 7:10 pm to
I saw this on Stocktwits earlier today.

"If the dosing that Aurinia has patented is put on the
label, that secures their dosing until 2037 from 2027. Generics can still be made in 2027, but can’t use the patented dose and would need to go through trials."

It's unlikely (I believe) that another company would go through trials just to make a generic. Therefore, if the 2037 labeling gets approved, the value of AUPH would be considerably more as it would not face any potential generic competition for an additional 10 years.

As to why it's uncertain, the only thing I've been able to gather is that no matter how good the product, nothing is certain in biotech/pharmaceuticals.
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 1/12/21 at 7:21 pm to
quote:

what’s your basis?

Been following this thread since the beginning and bought in big on a whim at the beginning
This post was edited on 1/12/21 at 7:48 pm
Posted by jmcwhrter
Member since Nov 2012
6598 posts
Posted on 1/12/21 at 7:30 pm to
quote:

As to why it's uncertain, the only thing I've been able to gather is that no matter how good the product, nothing is certain in biotech/pharmaceuticals


I've read some things that, even if the FDA approves 2037, AUPH will need to be able to defend challenges to that in court
Posted by GAFF
Georgia
Member since Aug 2010
2450 posts
Posted on 1/12/21 at 7:42 pm to
Soo are we still positioned for blast off or..
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