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re: AUPH - Aurinia Pharmaceuticals [CEO FIRED!]

Posted on 10/26/21 at 7:26 pm to
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 10/26/21 at 7:26 pm to
quote:

thanks I need it. Just checked, now 88.2% of my portfolio


Does your wife (if you're married) know about this?
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 10/26/21 at 7:27 pm to
I been in since august of last year. However I doubled my shares yesterday and today.

I’m nervous too
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/26/21 at 7:39 pm to
quote:

Does your wife (if you're married) know about this?

She does, but I bought most shares when it was cheap so it's hard to be upset with the success.
Going into PDUFA in January was quite suspenseful, however. Win big or lose all! I think she trusts my investing autonomy since then.
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/26/21 at 7:39 pm to
quote:

However I doubled my shares yesterday and today.

I’m nervous too
Posted by GeneralLee
Member since Aug 2004
14128 posts
Posted on 10/26/21 at 7:56 pm to
My wife has seen the Standard Lithium shirts and caps in the house and knows that it's "one of our stocks" but has no idea how much we have in it and how much our unrealized gains are... Don't want her killing me for the life insurance and the stock money.
This post was edited on 10/26/21 at 7:57 pm
Posted by castorinho
13623 posts
Member since Nov 2010
87435 posts
Posted on 10/26/21 at 9:24 pm to
quote:

now 88.2% of my portfolio
Jesus Christ
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 10/26/21 at 9:25 pm to
Let me know when I should be more nervous or more anxious in anticipation.
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 10/26/21 at 9:35 pm to
Tomorrow if no news and we stay at 30, anxious
Posted by cuyahoga tiger
NE Ohio via Tangipahoa
Member since Nov 2011
6160 posts
Posted on 10/26/21 at 9:41 pm to
quote:

now 88.2% of my portfolio


Is it gay to say I admire your conviction here? I wish I had that conviction in hindsight AUPH is 10% of my broad retirement accounts. My index mutual funds at 20%+. My other top equity holdings are:
AAPL 8.5%
JPM, FB, HD, V all at about 5%.... that's what I believe in AUPH.
We ain't done yet.

Posted by oklahogjr
Gold Membership
Member since Jan 2010
40237 posts
Posted on 10/26/21 at 9:55 pm to
quote:

Tomorrow if no news and we stay at 30, anxious


If BMY doesnt day something st conference call it's hard to imagine we stay at this level
Posted by HDAU
Member since Nov 2014
1689 posts
Posted on 10/26/21 at 10:02 pm to
quote:

If BMY doesnt day something st conference call


You already pregaming the conference call?
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 10/26/21 at 10:04 pm to
They need it to drop so they can get those cheap shares bought before locking in the deal
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/27/21 at 3:28 am to
Hypothetically, if BMY does a 1:1 share deal for AUPH.. If I sell those shares immediately, do my long-term capital gains now become short-term?

(i'm not saying AUPH is worth that much... just saw that BMY has done share-for-share deals in the past)
This post was edited on 10/27/21 at 3:30 am
Posted by MSTiger33
Member since Oct 2007
21652 posts
Posted on 10/27/21 at 5:30 am to
quote:

Hypothetically, if BMY does a 1:1 share deal for AUPH.. If I sell those shares immediately, do my long-term capital gains now become short-term?


Your basis will carry over. Should be long term if you are currently long term
Posted by jmcwhrter
Member since Nov 2012
7959 posts
Posted on 10/27/21 at 6:20 am to
Now we find out what the real support is
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/27/21 at 6:33 am to
quote:

If BMY doesnt day something st conference call it's hard to imagine we stay at this level

I can't imagine they will. Even if questioned, they will not comment.
Posted by castorinho
13623 posts
Member since Nov 2010
87435 posts
Posted on 10/27/21 at 6:36 am to
Godspeed to those who bought the last couple days.

Earnings call set for next week
Posted by bayoubengals88
LA
Member since Sep 2007
24534 posts
Posted on 10/27/21 at 6:36 am to
quote:

Is it gay to say I admire your conviction here...JPM, FB, HD, V all at about 5%.... that's what I believe in AUPH.
I hope that AUPH allows me to take smaller risks in the future.
This is the homerun I want early to get ahead.
Posted by jimjackandjose
Member since Jun 2011
6746 posts
Posted on 10/27/21 at 6:50 am to
So we going down?
Posted by Turftoe
Denver
Member since Mar 2016
4389 posts
Posted on 10/27/21 at 7:10 am to
Low volume this premarket. The data read out coming Nov. 3 would have put us reasonably close to the current valuation organically.
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