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re: AUPH - Aurinia Pharmaceuticals

Posted on 2/28/22 at 5:25 am to
Posted by jmcwhrter
Member since Nov 2012
6794 posts
Posted on 2/28/22 at 5:25 am to
Yuck.. this company is somewhat of a disaster at this point
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 6:24 am to
Peter has to go. That’s gotta be clear at this point. What is he thinking?
Posted by Turftoe
Denver
Member since Mar 2016
4025 posts
Posted on 2/28/22 at 6:29 am to
Glad I bought some puts last week. what a dumpster fire
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 6:59 am to
Greenleaf is terrible.

Q4 revenue beat. 25m in sales.

But 2022 guidance is just 115-135 million?!
The low end is achievable with just 15% QoQ growth!

Ok..we know he’s always been terribly conservative, but why say to look out for “aggressive” numbers two weeks ago?

The guy is unhinged!

Edit: Apologies, sales were 23.4m
This post was edited on 2/28/22 at 7:04 am
Posted by MSTiger33
Member since Oct 2007
20654 posts
Posted on 2/28/22 at 7:21 am to
I may just take the L at this point
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 7:34 am to
quote:

may just take the L at this point
Nahh. At least buy more and sell at the next $20 pop.
Posted by jerryc436
Franklin
Member since Jan 2014
525 posts
Posted on 2/28/22 at 7:41 am to
Any thoughts on what the low may be in the next few weeks/month? Have a Put that may exercise this month at $13.00 and have some cash in my account to add a few more puts. Trying to decide on a strike price. I am close to playing with house money buying calls and puts so wouldn't mind adding some more money for a pop.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
37153 posts
Posted on 2/28/22 at 7:51 am to
Earnings beat. Forecast isnt awesome. And we got diluted???? And we're back into the low teens....

I'm really beginning to dislike PG....
Posted by Aug1
Member since Nov 2013
79 posts
Posted on 2/28/22 at 8:06 am to
How much was the dilution?
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 8:07 am to
7.9%
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 2/28/22 at 8:11 am to
This is quite the disappointment.
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 8:12 am to
As I said last week, PG has a different definition of “aggressive” than most.

He doubled down on 115-130 being aggressive.
He’s unbelievably conservative. Thankfully, we won’t hear him guide again for 12 months.

So if we happen to hit 30 million plus for Q2 the share price recovery should be nice. But clearly I should have sold half around $32. Clearly.
Posted by Turftoe
Denver
Member since Mar 2016
4025 posts
Posted on 2/28/22 at 8:14 am to
11's SMH
Posted by jimjackandjose
Member since Jun 2011
6529 posts
Posted on 2/28/22 at 8:31 am to
Man that open was much deeper than I expected
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 8:32 am to
That’s Peter. He talked way too much.
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 8:32 am to
We’ve absolutely got to get a more competent CEO. One that doesn’t have to make excuses for a drug like Lupkynis.
Posted by jmcwhrter
Member since Nov 2012
6794 posts
Posted on 2/28/22 at 8:33 am to
some of the stuff he said on that call ... holy moley

"we had some patients stop taking the drug and then they moved and changed their number or something like that"

What an amateur hour
Posted by oklahogjr
Gold Membership
Member since Jan 2010
37153 posts
Posted on 2/28/22 at 8:34 am to
Just sold an 11p for March 18. This is insane. 100% yoy growth is pretty exciting especially if we can count on hitting it and he'd not overselling.

Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 8:37 am to
He also blamed the patients themselves. Did anyone catch that gem?
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 2/28/22 at 8:40 am to
quote:

Just sold an 11p for March 18. This is insane. 100% yoy growth is pretty exciting especially if we can count on hitting it and he'd not overselling.
Just make sure you’re ready for an abysmal Q1.
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