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re: AUPH - Aurinia Pharmaceuticals [CEO FIRED!]

Posted on 11/16/21 at 11:22 am to
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/16/21 at 11:22 am to
quote:

Just throwing this out there. Kezar Life Sciences had positive results of its phase 2 LN drug.

Started with 14 people in the trial and ended with five. Not too worried about them for now, but certainly worth keeping an eye on and possibly investing a bit in.
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 11/16/21 at 12:51 pm to
quote:

Not too worried about them for now, but certainly worth keeping an eye on and possibly investing a bit in.



Agreed. KZR stock has basically doubled in the last 3 months.
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 11/16/21 at 4:29 pm to
LINK


Bloomberg interview snippet
This post was edited on 11/16/21 at 4:30 pm
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/16/21 at 5:00 pm to
Thanks haha
How do you take that?

They’ve had every opportunity to deny (like GSK) and they haven’t, sooooo……
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 11/16/21 at 5:06 pm to
Up 5.2% AH at an even $29. $58 BO announcement tonight???!!!!
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/16/21 at 6:01 pm to
AH gains are holding too.
Interesting.
Not insignificant volume.
Posted by molsusports
Member since Jul 2004
37503 posts
Posted on 11/17/21 at 2:56 pm to
Suspicious spike just before close going on
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 11/17/21 at 3:30 pm to
Back up over 30 AH.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/17/21 at 3:38 pm to
With volume too. Somebody wants in...or somebody is unloading a large short position?
Posted by MSTiger33
Member since Oct 2007
21651 posts
Posted on 11/17/21 at 3:54 pm to
Yeah baby, I picked up the extra shares at $27.90.
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/19/21 at 4:14 pm to
oops

Buyout would seem to be pretty much off the table at this point, right? Gotta say, the longer I'm in this stock the sleazier this management team seems to be
This post was edited on 11/19/21 at 4:20 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 11/19/21 at 4:28 pm to
Fuuuuuuuuuuuuuuuuuuuuuuck
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/19/21 at 4:35 pm to
Every single time that I get very confident in this stock/co, something like this happens

i'm not panicking but it never fails that when everyone agrees it's going to go up 100%, it goes down 20%
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 11/19/21 at 4:43 pm to
Down 5 bucks AH. Ouch.

Well one thing with this stock, it has always come back. Just be a longer hold than I wanted
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/19/21 at 4:45 pm to
Wouldn't piss me off as much if it weren't for all of the insider selling this week...
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 11/19/21 at 5:36 pm to
Sorry baws…. Looks like we should all stick to index funds more!
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/19/21 at 5:42 pm to
I’m on vacation. Can someone please explain what happened?
Posted by slacker00
Member since Mar 2011
593 posts
Posted on 11/19/21 at 5:50 pm to
They filed for $250MM mixed shelf offering.
Posted by castorinho
13623 posts
Member since Nov 2010
87432 posts
Posted on 11/19/21 at 6:07 pm to
How much cash did they have on hand after q3? Too lazy to check
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 11/19/21 at 6:17 pm to
$57m

Dammit I wish they would have pegged the investment similar to the $150m raise. This isn’t how PG should be treating his LT investors.

Eta2: just realized this isn’t an offering. It’s the availability for an offering in the future, which still has the opportunity to dilute current share value.
This post was edited on 11/19/21 at 6:34 pm
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