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re: AUPH - Aurinia Pharmaceuticals

Posted on 1/12/21 at 9:08 pm to
Posted by GAFF
Georgia
Member since Aug 2010
2450 posts
Posted on 1/12/21 at 9:08 pm to
So the consensus is this thing still gets to $20?
Posted by molsusports
Member since Jul 2004
36146 posts
Posted on 1/12/21 at 10:35 pm to
I think it would be significantly higher than $20 within a few months if they are approved and get the label through 2037. I an squishy on the timing. Waiting to see if they are approved may miss the gains (as well as potential losses)
Posted by bayoubengals88
LA
Member since Sep 2007
19035 posts
Posted on 1/13/21 at 9:15 am to
quote:

So the consensus is this thing still gets to $20?

I don't think $30 is out of the question. Especially if buyout rumors heat up again.

First time that happened we went from $3 to $10.

at the end of 2019 we went from $8 to $22 within a month.

It could feasibly run from $14 to $30.

About 55% of my shares are in regular brokerage accounts. I might sell above $30 (many of these shares were bought in the 3-5 dollar range).

The rest is in my Roth. Those will go in the event of a buyout, or once share price exceeds $100.
This post was edited on 1/13/21 at 9:18 am
Posted by jmcwhrter
Member since Nov 2012
6599 posts
Posted on 1/13/21 at 9:18 am to
quote:

So the consensus is this thing still gets to $20?


Even some of the longest, iron-hands holders will trim down their positions after FDA approval.. It will probably pierce $20 but give it back pretty quickly I think
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