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re: AUPH - Aurinia Pharmaceuticals [CEO FIRED!]

Posted on 11/22/21 at 9:10 am to
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/22/21 at 9:10 am to
quote:

Why would someone think it is fake?


Because the only real response from management during all of this has been a screenshot of an email from an AUPH employee to a guy on stocktwits
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 11/22/21 at 9:55 am to
They better release some form of PR today. 25% in one day.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/22/21 at 10:06 am to
yea i took a big fat L on this trade lol

Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 11/22/21 at 10:30 am to
I'm holding. This stock has done this over and over.

It will get a buyout or make money and run back up
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 11/22/21 at 10:31 am to
No I’m holding as well. This is Par for the course for AUPH
Posted by Caymus
Houston
Member since Jul 2015
1220 posts
Posted on 11/22/21 at 10:35 am to
Wish I was not as aggressive on the buyout rumors but am holding at a $20 average. I will buy more.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 11/22/21 at 10:38 am to
yea ive been in and out of this thing since day 1 on this board which appears to be 2017
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 11/22/21 at 10:59 am to
What’s going on. This is starting to feel like there is more behind the scenes
Posted by MSTiger33
Member since Oct 2007
21651 posts
Posted on 11/22/21 at 11:01 am to
There will be lawsuits filed before year end.
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 11/22/21 at 11:02 am to
About what?
Posted by supadave3
Houston, TX
Member since Dec 2005
32149 posts
Posted on 11/22/21 at 11:05 am to
I’ve bought more at 23.5. Per hope this turns around.
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/22/21 at 11:07 am to
quote:

This is starting to feel like there is more behind the scenes


eh... it feels like people that pushed it from 20 to 30 on speculation of a buyout, no longer think that buyout is immminent

So we're left with sales figures that are rising in a linear, but not parabolic, fashion...

back to waiting
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 11/22/21 at 11:21 am to
quote:

feels like people that pushed it from 20 to 30 on speculation of a buyout, no longer think that buyout is immminent

So we're left with sales figures that are rising in a linear, but not parabolic, fashion...

back to waiting


This is where I'm at. It sucks but this is only bad news for the quick flip on buyout rumor group
Posted by Weagle25
THE Football State.
Member since Oct 2011
47645 posts
Posted on 11/22/21 at 11:25 am to
Yeah not panicked at all. Bought a few shares when it was up but my cost is still well below $20
This post was edited on 11/22/21 at 11:26 am
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/22/21 at 11:51 am to
If negotiations are still on, BMY has got to be loving this, right?

Added two calls
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/22/21 at 12:07 pm to
saw some theories that BMY won't offer more than $52 per share, but Peter thought he would look dumb for getting less than 100% premium, so they tanked it on purpose to make the $52 offer look good
Posted by Caymus
Houston
Member since Jul 2015
1220 posts
Posted on 11/22/21 at 12:20 pm to
quote:

saw some theories that BMY won't offer more than $52 per share, but Peter thought he would look dumb for getting less than 100% premium, so they tanked it on purpose to make the $52 offer look good


I will allow it.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/22/21 at 12:30 pm to
quote:

saw some theories that BMY won't offer more than $52 per share, but Peter thought he would look dumb for getting less than 100% premium, so they tanked it on purpose to make the $52 offer look good
I saw that too! However, I do not think that’s what Peter was thinking. I’d have been tickled with a leaked run to $40 and a 25% premium

Now BMY has to justify 150% to get us to $50.
Seems less likely.
I’m back to thinking $25–>45 for 80%
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 11/22/21 at 2:11 pm to
Everything just seems fishy. No response from AUPH after a 30% haircut. Pinned at $20 the last 3-4 hours. The delisting on the Toronto exchange. The refiling of the mixed shelf offering. I took a lot of stock into PG’s comments during ER.

News coming sooner than later. Like in the next 24 hours. There’s a LOT of smoke.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 11/22/21 at 2:33 pm to
quote:

Crescent Connection
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