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re: AUPH - Aurinia Pharmaceuticals [CEO FIRED!]

Posted on 11/29/21 at 9:29 pm to
Posted by supadave3
Houston, TX
Member since Dec 2005
32147 posts
Posted on 11/29/21 at 9:29 pm to
I’m still here with my little handful of Auph. It’s enough that I’m watching this thread closely as it’s the only DD I’ve done.
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 11/30/21 at 9:22 am to
I thought on the ER they said interim results looked promising
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 11/30/21 at 9:36 am to
quote:

thought on the ER they said interim results looked promising


Yeah i remember a graph with two divergent lines and we wanted them to stay like they were. We were nailing it as i recall and just running out the clock basically
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 11/30/21 at 9:36 am to
I bought a bunch of Jan $35 calls right after the buyout rumor. Probably too much. PG’s comments were too cryptic during earnings CC. That is the only thing that is telling me to stay put.

Volume is super low this morning. I’ll be surprised if 1.3 million shares are traded today, which would be one of the lowest volume days this year.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 11/30/21 at 9:42 am to
Here's a good summary

full results expected EOY 2021
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 11/30/21 at 10:37 am to
Will probably be one of those "up 4% in premarket, and then flat by end of day" things

however if the results are bad, this thing might be dead on the table
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 11/30/21 at 3:07 pm to
560k block right after bell.
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 12/1/21 at 3:48 pm to
Down 5.5% on the day but Dec 17 calls are up considerably. Weird.
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 12/1/21 at 5:34 pm to
What strike? I can’t pull up the chain on my phone
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 12/1/21 at 9:06 pm to
$24-45. Most of these calls are up 40-80%.
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 12/2/21 at 8:47 am to
Big opening. Hopefully this means A2 results are positive.
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 12/2/21 at 8:49 am to
is this up 10% because Leerink came out and said they still think it's worth $35?
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 12/2/21 at 9:09 am to
No, that came out yesterday.

Made $30 on calls today
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 12/2/21 at 9:40 am to
Bcrx is up in my alerts as well. I suspect it's just a bottom pushing back up from being stupid oversold on both
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 12/2/21 at 10:10 am to
ahhhh looks like we got some Novartis speculation now

and the speculation is that Novartis has some cash and is looking for "bolt on opportunities". zero mention of AUPH specifically.

PREPARE TO DIVE
This post was edited on 12/2/21 at 10:17 am
Posted by Caymus
Houston
Member since Jul 2015
1220 posts
Posted on 12/2/21 at 12:10 pm to
I mean the amount of smoke is ridiculous here.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 12/2/21 at 2:33 pm to
quote:

I mean the amount of smoke is ridiculous here.

An unreal amount. Scrip award for best new drug of 2021 should be out within the next hour or two.

Lupkynis is a nominee.
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 12/2/21 at 9:13 pm to
No chance against cancer drugs and covid vaccines that dint work
Posted by Rendevoustavern
Member since May 2018
1909 posts
Posted on 12/2/21 at 9:34 pm to
I don't think winning would have a material impact on the financials/BO rather a feather in the cap for management. Being nominated is a huge accomplishment and further solidifies the drug as the industry standard
Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 12/2/21 at 9:41 pm to
quote:

don't think winning would have a material impact on the financials/BO rather a feather in the cap for management. Being nominated is a huge accomplishment and further solidifies the drug as the industry standard


There is no way you can convince me it is cheaper for insurance companies to have patients come in for an IV vs oral pill.

Or that most patients would prefer an IV to an oral drug.
This is a no brainer to me. It's just s matter of time before someone sweeps it up or until we have a huge pile of cash to go after a pipeline with. I'd assume everyone management included prefers the former.
This post was edited on 12/2/21 at 9:43 pm
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