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re: AUPH - Aurinia Pharmaceuticals

Posted on 12/15/21 at 6:33 pm to
Posted by Rendevoustavern
Member since May 2018
1562 posts
Posted on 12/15/21 at 6:33 pm to
It's not bad, at all. A handful of reasons could lead to the purchase, tax liability for one. It is also one person. If a handful of BODs were making moves, then I'd be more suspicious. One person buying 1,600 shares should not have moved the AH needle by ~4%.

As OKJR has said a few times, we move inversely to the news (outside of P3 & BO rumors; but we are back to where we started prior to those drops.)
Posted by jmcwhrter
Member since Nov 2012
6596 posts
Posted on 12/15/21 at 9:12 pm to
quote:

One person buying 1,600 shares should not have moved the AH needle by ~4%.



Not sure where it came from, but a couple of people seemed to think that you can't have a buyout within 30 days of an insider buying shares
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