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re: AUPH - Aurinia Pharmaceuticals [CEO FIRED!]

Posted on 10/25/21 at 10:56 am to
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/25/21 at 10:56 am to
now yall making me nervous

"When people are greedy" ... and what not
Posted by redfishfan
Baton Rouge
Member since Oct 2015
5506 posts
Posted on 10/25/21 at 11:18 am to
I'm already so heavily invested that I can't justify buying calls. If anything I may buy a few puts just to hedge a little if the PR takes a few weeks to come out.
Posted by MSTiger33
Member since Oct 2007
21652 posts
Posted on 10/25/21 at 12:03 pm to
Going to be annoyed if we drift back down
Posted by castorinho
13623 posts
Member since Nov 2010
87435 posts
Posted on 10/25/21 at 12:31 pm to
quote:

Going to be annoyed if we drift back down


snapchat, tik tok, etc.

People want things and they want it now. It'll dip the longer it drags out.
Same reason it dipped on the past few months

The main risk in the stock at this point in time is opportunity cost
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/25/21 at 6:07 pm to
The fact that BMY made a change to their Wednesday cc time THIS MORNING.

I’ll go out on a limb.
AH press release tomorrow.
$48 per share

It just can’t be coincidental.
They might have approached Peter with $38 on Friday, and the deal wasn’t done in time for Monday morning. Or perhaps the timeline was always Wednesday. So if it’s pinned around $30 again, watch out.
Posted by MSTiger33
Member since Oct 2007
21652 posts
Posted on 10/25/21 at 6:29 pm to
I think you are right for the most part. The change in the BMY conference call coinciding with the SP being pinned at $30 is pretty telling. I am a little more optimistic on the price. I am thinking high 50s or low 60s.
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 10/25/21 at 7:17 pm to
Why are yall thinking pinned at 30? BMY holding share price back?

And I hope yall are correct. I dropped 20K in this puppy
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/26/21 at 6:48 am to
quote:

BMY holding share price back?
Someone was. Let's see if they can do it again today.

By the way, I could see a serious decline in stock price tomorrow if no deal announced or no new rumors.

We all know that AUPH isn't worth $30 without A2 data, but it could be heavily priced in too.
Still $25 is more realistic than $30.
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 10/26/21 at 6:54 am to
Have to hold to wednesday at this point based on the move timing of BMY caall
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/26/21 at 8:59 am to
What in the hell was that shite... Dropped damn near $2 in a minute..
Posted by redfishfan
Baton Rouge
Member since Oct 2015
5506 posts
Posted on 10/26/21 at 9:12 am to
quote:

What in the hell was that shite... Dropped damn near $2 in a minute..


There's still like 18 million shares short. Market manipulators are going to keep this thing down as much as they can so their buddies can cover their positions.
Posted by Crescent Connection
Member since Jun 2008
2397 posts
Posted on 10/26/21 at 9:22 am to
MM is going to keep this right at $30 by closing bell.

BO price tomorrow…

$45 = 50% premium
$52.50 = 75% premium
$60 = 100% premium.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/26/21 at 9:29 am to
quote:

There's still like 18 million shares short. Market manipulators are going to keep this thing down as much as they can so their buddies can cover their positions.

I didn't wanna say it yesterday... spot on.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/26/21 at 9:29 am to
quote:

MM is going to keep this right at $30 by closing bell.

BO price tomorrow…

$45 = 50% premium
$52.50 = 75% premium
$60 = 100% premium.
Plain as DAY
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/26/21 at 9:32 am to
So i should definitely pick some up?
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/26/21 at 9:34 am to
quote:

So i should definitely pick some up?


BMY could be loading up mega-shorts so they can announce tomorrow that they're not buying shite
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 10/26/21 at 9:50 am to
Yeah from a risk:reward perspective this seems like the opportune time to go all in.

If they come out and say they aren’t buying it then eat the loss but sell until comfortable.


Am I crazy?
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/26/21 at 9:56 am to
If they come out and say they aren't buying it, this could drop to $20 in a hurry...
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 10/26/21 at 9:57 am to
I am prepared to take a 20% loss for a potential 100% gain
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/26/21 at 10:02 am to
I just can't see someone paying 100% premium from today's share price, considering when the "negotiations" were announced it was trading at $20-21
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