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JP does it really matter. The man has no integrity, and you can't believe a word he says. I remember back to that summer when they had the worldwide conference in was it Copenhagen and we were all psyched about Lympro......He failded to deliver, and I believe he misled shareholders regarding basically everything....It makes me really angry to rethink that whole scenario back then---nothing has changed.....Lesson learned. Wish you well my friend!
Shorts certainly seeking to cultivate doubt and fear. Just a minor point of clarification, most investors are not flippers here for momentum, but see the incredible potential of AUPH for treatment of lupus, and the high probability of a BO by BP or BB's..Heavy institutional accumulation and the likes of Duggan. TC had a great quote, which I will repost...
Here's in the Barron's quote on Duggan and AUPH.
Quote:
Original Filings
Aurinia Pharmaceuticals (AUPH)
Investor Robert Duggan revealed his stake of 5,766,887 shares (7.2%), an amount he purchased from March 14 to April 21 at prices from $6.52 to $8.85 per share. Duggan reported buying the shares based on his belief “that the shares, when purchased, were undervalued and represented an attractive investment opportunity.” He did not report any plans or proposals.
When you have heaveyweights heavily invested here with over 5MLL shares like Duggan, you know you have stumbled on a gem in the rough!
was this just a rehash of an old study, or in fact new? It sounded like old news??
TIA
AUPH should be hearing something on the European or Japanese front this month. Anything positive, and off to the races once again. Friday's surge the AH likely to continue. Shorts seem to be edgy going into this month, with good reason. Negotiations with BP could very well already be underway.
Fantastic data! RNN attracting worldwide attention on this study with bladder cancer! Exciting indeed for the many suffering from this dread disease. COuld be a very big week for RNN!
Intesting trading on AUPH Ah last night. There was a bid of over 10,000 above 6.50 which never got filled. Shorts are very nervous with the conference this weekend and broadened exposure in Europe. Any hint of positive news and this could blast back through $7 in the blink of an eye and the short contingent knows it. Heavy institutional accumulation and the likes of Duggan. TC had a great quote, which I will repost...
Here's in the Barron's quote on Duggan and AUPH.
Quote:
Original Filings
Aurinia Pharmaceuticals (AUPH)
Investor Robert Duggan revealed his stake of 5,766,887 shares (7.2%), an amount he purchased from March 14 to April 21 at prices from $6.52 to $8.85 per share. Duggan reported buying the shares based on his belief “that the shares, when purchased, were undervalued and represented an attractive investment opportunity.” He did not report any plans or proposals.
Yesterdays action revealed lots of interested parties following this one. Any hint of positive news regarding any of the ongoing studies, and $5 could go down very quickly.....Set up very nicely Friday. Would not be suprized to see this above $5 by newxt friday.
Interesting day yesterday. No volume, but did not trade down on heavy selling??? Was that a significant turn yesterday?? It may have been nothing, but then again, maybe it was. We'll see. If FAN PASS does get done, we will likely seen a huge bounce...If not, it may collapse, or maybe begin a slow climb back up....It seems that absence is already baked in.
Shorts active early, unusual for EBIO....Huge short position very edgy with news re. Phase III initiatioin underway. A Phase III biotech under $2????Yeah, I'd be nervous too! If this breaks 1.70 early, shorts will be covering....Could get interesting today!
Right on the money Jesspro! I think that all the AUPH shareholders are going to be seriously "in the money" in the not too distant future....The short contingent are also believers....working hard to establish their positions...
that bloc of 85,ooo on the ask @ 6.28 should remove any doubt as to the responsible parties for this pps drop. Shorts have carefully orchestrated this the past few days to harvest the shares of the unwary....Just saying....
Shorts pretty subdued this morning.....Sure looks like the arrival of the beautiful people kind of has them on edge. Playing with a short on AUPH at this juncture is pushing risk to the limit. An announcement of a jv, partnership, or an outright BO, or news re. Europe or Japan could be catastrophic, and I'm begining to think they are starting to understand that.....Let the good times roll!
AUPH owners list attracting some well known persons....."follow the money" is underway in turbo here.....Nice to see huge positions being taken.....momentum is building....Could explode any day!
matt24d thanks for the info! Going to be a rocket ride when the right news hits, and it could be coming very soon! 28% ---that is massive!
Deep pockets working hard to discourage retailers to dump shares, and busy taking out stops. Very impressive display of their strategy yesterday. With such stellar news, the drop on HEAVY VOLUME just tells you how desperately they want to harvest shares at this level...They must have shorted or sold well above 1MLL shares yesterday despite great news and heavy buying that took the pps above $8 briefly.....They are very purposive in their tactics....generate doubt/fear.....Just do your own DD, and follow the money....Massive buying by MF and Doogie the past weeks should tell you something, it certainly is them! See if for what it is.....When the news of a BO or jv or partnership hits, it will lauch! Patience ......The future is looking very bright indeed!
tripled my position here this afternoon.....Looking very interesting!
Let's see, a few weeks ago it was the French election, and now it is the precarious economy.....What will it be next???? He will have another smoke screen waiting I'm sure.....Just see him for what he is, a distraction from the incredible potential AUPH is offering us all. He is ver purpose driven----to stir up doubt and to trigger selling on short pressure. I wonder if he gets paid per post, and bonuses for responses. He won't get any from me, that is for sure. If there is a significant pull back due to overall mkt conditions, I will be substantially adding to my position. Looking very strong this week.....Could explode any day!
volume popping! Any body know why??News....
TIA
Nothing like a good old fashion short squeeze!
DGoff very interesting post, thank you for sharing your thoughts and convictions. IT has certainly been a rollercoaster ride. I too hope for the sake of the many thousands infected present and future, that they are able to tweek the treatment to effectiveness. RSV is a resilient virus that has demonstrated incredible stealth and ingenuity. May God grant wisdom and success to those reaching for the stars!
Love that last sentence! Has a nice ring to it!
No idea, but it is interesting to watch the support level, where they, whoever they are, are unwilling to breach....They all know well the dynamics of a biotech, and that news could burn them good.....Yesterdays news on the massive buying of Doogie.....is a warning to any short, that news can drop out of the clear blue sky at any moment!
The Bear raid yesterday was well orchestrated and funded. That should put a smile on all of our faces knowing that it is very likely Institutional in nature. It show that AUPH is on the radar of some sizeable institutioins building positions. Doogies purchase says it all---Reward far outweighs the risk here, and seasoned professionals know it. Unfortunately the retailers like us are the prey. But know they wouldn't be here unless there was huge potential....Hang in their people!
Shorts continue to manipulate the ps on a daily basis. We need to get this RS over. Mngt wouldn't have done this without some outstanding news on the horizon----I hope. I've been averaging down, and have about doubled my position....Hoping for a reversal any day! Shorts used the RS to spook retailers....and I think some of this shorting is Institutional in nature.....Patience and perseverence needed. GLTA
TC your sarcasm put a smile on my face this morning. Good old BR is so predictable....Shorts know how to play the game short term, but are playing with fire.....One of these mornings they are going to awaken to some very bad news, and it may be way sooner than they think.....
Volume exploding---1MLL + in first 10 minutes! Shorts taking notice of that 7+% buying.....Looks like it is going to run hard today!
good points! The ducks are certainly getting strategically arranged! Birds of a feather, you know the rest....We should see some of their feathered friends "flying in soon"!
I'm sure that is the truth. Anyone with a track record like his has many in his footprints! Sweet way to end the evening!
Like the old adage says, "Follow the Money"! This is a grand slam batter. The wires will be singing tonight, and tomorrow am! Going be a "hard days night" for BR and friends!
thanks! He is certainly laying some serious money on the line! AH smoking!
Question//who is this Dugan guy? TIA
Premkt buy @ ask of 10k @ 7.43!! that is $74,000.00 Sure seems like shorts are getting nervous. With the possibility of a BO prior to completion of Phase III, I'd be nervous too!!
Good job moderators! That post is worth the read for everyone visiting!
Excellent synopsis of the priority catalysts for AUPH. Exciting days ahead. Shorts obviously have not given up here. The wild swings attract the day traders and flippers. As we move more deeply into Phase III, more insitutional attention will be stirred, and the possibility of a jv, partnership or even a BO is never off the table. That fact has to weigh on the minds of shorts as well. It has become a game of probability, and recent data suggests, as even highlighted by the fools, that success although not guaranteed, is certainly looking more probably all the time.....BP knows that all too well, and may be willing to risk a buyout before the end of a successful Phase III because the price at that point will be a multiple of what it is right now. Lots to think about, especially if you are short, and there are lots of them! Relax for the rest of the weekend, and thanks for the notable post!
Shorts fallng on their swords this afternoon....wow, I wonder how many shares they shorted today???millions that is for sure...
Volume 5.3 MLL and pps exploding! Nothing like the smell of burning shorts to get the weekend started. Mkt obviously liking the data!
Yeah, the twinkey dance....Hopefully they will have to walk the plank today!
Glickman put AUPH on the map yesterday! The superb "48-week results from its global Phase IIb AURA-LV (AURA) study in lupus nephritis (LN) during the National Kidney Foundation 2017 Spring Clinical Meetings in Orlando, FL.", have I believe set the stage for a very likely BO perhaps even before Phase III is completed. The National Kidney Foundation Spring meeting was the perfect storm in which to release the data. It is exciting to be, in a small part, involved in the development of a drug with such enormous potential to transform the lives of those suffering from lupus nephritis. Exciting days ahead!
6:00 pm and all is well!
BR, why don't you just cover, and get a good night's sleep??