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re: AUPH - Aurinia Pharmaceuticals [CEO FIRED!]

Posted on 11/3/21 at 7:43 am to
Posted by go ta hell ole miss
Member since Jan 2007
14655 posts
Posted on 11/3/21 at 7:43 am to
Congratulations on this play to everyone who was/is in it. I should have paid attention to this earlier this year, but got gun shy after a couple of unfortunate incidents/plays on here listening to others. Congrats.
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 7:45 am to
quote:

I think people are just impatient because we live in an age of impatient investors.


I will not cry if this carries on into early next year so I can kick the tax can a little further out
This post was edited on 11/3/21 at 7:46 am
Posted by molsusports
Member since Jul 2004
37504 posts
Posted on 11/3/21 at 7:47 am to
quote:



I will not cry if this carries on into early next year so I can kick the tax can a little further out


I think that's the right way to look at it. Patience for a bigger payout and a lower percentage in taxes

Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 7:50 am to
did they just say they're getting 98% gross margins on sales?

holy shite
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 11/3/21 at 8:05 am to
“No comment”

Eta: His second response was perfect. Clearly following the plan they have in place, which is working. Secondly, not opposed to any avenues to create shareholder growth.

Let’s ride.
This post was edited on 11/3/21 at 8:10 am
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 8:16 am to
Alright i'm less concerned

sorry to hijack -- but BCRX's call seems like it wasn't nearly bad enough to warrant a 10% drop, right?
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 8:18 am to
lol Greenleaf just said "we may not provide guidance for 2022"

that's about as subtle as a hammer to the forehead
Posted by MSTiger33
Member since Oct 2007
21651 posts
Posted on 11/3/21 at 8:28 am to
One of his responses to the BO question was we can’t comment or speak to the rumors. Yadda yadda yadda. And then said “read between the lines”.

I don’t know why anyone is selling based on those responses
This post was edited on 11/3/21 at 8:29 am
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 8:29 am to
i think there were people who really thought they would announce a BO on an earnings call

now they're selling at a loss to go buy DOGE
This post was edited on 11/3/21 at 8:30 am
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 11/3/21 at 8:29 am to
quote:

One of his responses to the BO question was we can’t comment or speak to the rumors. Yadda yadda yadda. And then said “read between the lines”.


So go ahead and throw some money at this?
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/3/21 at 8:47 am to
Hey guys! Sorry for the doom and gloom earlier. I was just expecting 18m on revenue like an idiot.

Did Peter say TOO much?!?
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 8:48 am to
quote:

Did Peter say TOO much?!?



"We'll let whoever owns this in December worry about 2022 guidance"
Posted by molsusports
Member since Jul 2004
37504 posts
Posted on 11/3/21 at 8:49 am to
He could get a slap on the wrist for the read between the lines comment. But I think people interested in the stock are happy he did.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/3/21 at 8:53 am to
quote:

"We'll let whoever owns this in December worry about 2022 guidance"

no way he said that!!
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/3/21 at 8:53 am to
quote:

read between the lines comment.
no way he said that either!!

I guess he's figured we've suffered long enough?!
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 8:54 am to
No sorry, I made that up.. He did say "we may not end up issuing 2022 guidance"

so...... read between the lines
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/3/21 at 8:56 am to
Damn
Posted by molsusports
Member since Jul 2004
37504 posts
Posted on 11/3/21 at 8:57 am to
If the obvious inferences from this are true and there's a six week period between the announcement of a buyout and its conclusion...

We have less than two weeks maximum before a buyout would be announced. Nothing is certain till it happens but that's a lot of breadcrumbs on the ground
Posted by ynlvr
Rocket City
Member since Feb 2009
5533 posts
Posted on 11/3/21 at 8:57 am to
quote:

BCRX's call seems like it wasn't nearly bad enough to warrant a 10% drop, right?

I jumped on 3000 shares this morning. Let it ride long hold. Up please.
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/3/21 at 9:01 am to
quote:

I jumped on 3000 shares this morning. Let it ride long hold. Up please. (BCRX)


Only thing worried me was the mention of doing an offering to raise money, even if they did say it would be a last resort
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