re: Weekly Stock Market Plays/Thoughts - March/April

Posted by bayoubengals88

Member since Sep 2007

23512 posts

Posted on 4/3/17 at 3:17 pm to Venison

It appears to have established a tradable range between $6.70 and $7.40 for the next couple of weeks.

It seems evident that the institutions that spent $150 million at $6.75 aren't going to let it drop below that level while concomitantly not allowing it to break out.
This, imo is a healthy consolidation for a future buyout, which could be as far as two years out.

I'd love to hear a legitimate long term bear argument for AUPH, because I can't see the downside for voclosporin based on data.

This post was edited on 4/3/17 at 3:30 pm

2 ...

Posted by betterpass

Huntsville

Member since Mar 2011

60 posts

Posted on 4/3/17 at 3:26 pm to bayoubengals88

Thoughts on possible good news in April for AUPH to settle the price jump 'waves'?

Posted by bayoubengals88

Member since Sep 2007

23512 posts

Posted on 4/3/17 at 3:32 pm to betterpass

Did you read about the conference on the 20th? They're supposed to present full data there, and will likely attract larger investors with the increased exposure.

Posted by PillPusher

Gulf Coast

Member since Oct 2009

5924 posts

Posted on 4/3/17 at 3:45 pm to bayoubengals88

If nothing else it appears the offering has established a near term floor for the stock, as you said. Its a tradable floor IMO.

Posted by BeYou

DFW

Member since Oct 2012

6037 posts

Posted on 4/3/17 at 4:23 pm to bayoubengals88

quote:
I'd love to hear a legitimate long term bear argument for AUPH, because I can't see the downside for voclosporin based on data.

The only long term bear argument that can be made is that AUPH won't succeed in Phase 3 of their FDA trials.

Otherwise, this company is in position to double or even triple their stock value over the next 3-5 years. They are also a strong candidate to be bought out by a big pharma.

I'm long on AUPH. Their stock price will fluctuate and will hover between 6.70-7.50 until 4/20 when they make their presentation at the National Kidney Foundation on their phase 2b AURA trial.

This is a good company that has found a better drug than any currently available to treat lupus nephritis.

This post was edited on 4/4/17 at 11:42 am

Posted by jkcooper92

Louisiana

Member since Jun 2014

182 posts

Posted on 4/4/17 at 11:03 am to jkcooper92

Looks like you MMEX boys doing fairly well the past couple days. Good call!

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Posted by tiger perry

Member since Dec 2009

25668 posts

Posted on 4/4/17 at 11:28 am to jkcooper92

Received an e-mail saying there is a 70% chance Philip Morris International and Altria remerge within 6 months.

Posted by bayoubengals88

Member since Sep 2007

23512 posts

Posted on 4/4/17 at 12:12 pm to jkcooper92

Made a buck off CTRV and IGC today while waiting on AUPH to recover.

Posted by ynlvr

Rocket City

Member since Feb 2009

5311 posts

Posted on 4/4/17 at 12:17 pm to Navajo61490

quote:
Navajo61490

RNN - up 28% since 3/27 entry point. Good rec Navajo

Posted by bayoubengals88

Member since Sep 2007

23512 posts

Posted on 4/4/17 at 5:40 pm to ynlvr

Just got into RNN

Bought TGC at .63
What is going on here?? Up 90% today

Posted by bayoubengals88

Member since Sep 2007

23512 posts

Posted on 4/5/17 at 11:16 am to bayoubengals88

Made a quick 110% on TGC

Posted by rocket31

Member since Jan 2008

41887 posts

Posted on 4/5/17 at 12:12 pm to bayoubengals88

quote:
Made a quick 110% on TGC

nice one!

is this your own DD or where did you get the info for this runner?

Posted by bayoubengals88

Member since Sep 2007

23512 posts

Posted on 4/5/17 at 2:12 pm to rocket31

I saw it yesterday on ST, and figured with the extremely low float and all of the pumping that it would pop again this morning. Just 525 shares, but that was fun.

It's miraculously holding $1 and the same could happen again?