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re: AUPH - Aurinia Pharmaceuticals

Posted on 8/22/23 at 9:57 am to
Posted by jimjackandjose
Member since Jun 2011
6508 posts
Posted on 8/22/23 at 9:57 am to
It’s a nothing burger. Probably want a full bOD to sign off on a BO

Also, it could be a good sign of Peter helping more his friends make easy money
Posted by GridIronTigerBaw
Member since Oct 2019
55 posts
Posted on 8/22/23 at 11:55 am to
Been following this thread for ages and have a good friend who has been deep in this but I have no position. What is y’all’s thoughts about current levels? Seems to be kind of in the middle of a bigger range and maybe heading back to the lows if nothing announced? I want to start a position.
Posted by MSTiger33
Member since Oct 2007
20427 posts
Posted on 8/22/23 at 12:08 pm to
quote:

I want to start a position.


Well, misery does loves company. Come and join us.
Posted by bayoubengals88
LA
Member since Sep 2007
19106 posts
Posted on 8/22/23 at 4:18 pm to
quote:

What is y’all’s thoughts about current levels? Seems to be kind of in the middle of a bigger range and maybe heading back to the lows if nothing announced? I want to start a position.
There's no reason for it to go lower. They stand to make at least 160m plus royalties this year and breakeven should happen in the next few quarters.

Under $10 is a great entry.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 8/22/23 at 5:27 pm to
I have no idea what to expect from this stock. I'm just sitting and waiting
Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 8/22/23 at 5:47 pm to
I added another 100 shares under 10. Also have some Puts at 9 that I hope get assigned.
Posted by bayoubengals88
LA
Member since Sep 2007
19106 posts
Posted on 8/22/23 at 9:47 pm to
We really raked it in again selling CCs on the last pop.
100% collected on the 8/18s

I’ll do it every time with 10-15% of my shares. Hell, I’d probably even do it if we get another substantial rumor.
Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 8/23/23 at 6:32 am to
I did it with 50% of my shares for Aug. If we get a pop I will repeat.
Posted by bod312
Member since Jul 2015
846 posts
Posted on 8/23/23 at 8:28 am to
Just make sure you understand the risk. You are capping your upside so if it gets bought out your gains will likely be much lower than had you not sold CCs. Based on our track record that probably will never happen so maybe it is a small risk but just make sure you understand.
Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 8/23/23 at 8:57 am to
I do understand. I have a few 1/19/24 CCat 25 and 30. I just bought at 10 and will not set Sept or Oct less than 15. I am willing to lose half my shares at that price but not sure it will get there in the next few months.
Posted by SeeeeK
some where
Member since Sep 2012
28114 posts
Posted on 8/23/23 at 1:40 pm to
So they added 2 board.members who are experienced in buyouts and the such.

I believe both were doctors
Posted by molsusports
Member since Jul 2004
36155 posts
Posted on 8/23/23 at 4:42 pm to
If they give another round of free or discounted shares to the new board members I might sympathize with the Unabomber.
Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 8/23/23 at 5:54 pm to
I was waiting for a pop and planning on selling CC's at 5 to break even. I decided against it after Mike's post. Thanks Mike for your info.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 8/29/23 at 10:51 am to
This stock is a turd
Posted by FLObserver
Jacksonville
Member since Nov 2005
14508 posts
Posted on 8/29/23 at 1:51 pm to
Between this stock and SLI i'm not sure which one is gonna nut first. Hopefully one because got a lot of dudes in these two threads praying they made the right choice.
Posted by ynlvr
Rocket City
Member since Feb 2009
4607 posts
Posted on 8/29/23 at 3:43 pm to
Praying, yep ??
Posted by jimjackandjose
Member since Jun 2011
6508 posts
Posted on 8/29/23 at 8:38 pm to
Why not both? Lose double the money twice as fast
Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 9/18/23 at 9:32 pm to
Any idea what is going on with the stock price. I added 400 shares at 9 and did some more CC's.
Posted by castorinho
13623 posts
Member since Nov 2010
82093 posts
Posted on 9/18/23 at 9:41 pm to
quote:

Any idea what is going on with the stock price.
same as always. Nothing
Posted by Saint5446
Member since Jan 2014
825 posts
Posted on 9/19/23 at 7:00 am to
When was the strategic review period supposed to end? I keep wanting to get in this, but I am miserable looking at it and don't even have a position yet.
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