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A few good quarters, some BO interest, and we're at $30 plus. It all depends on the long term profit potential.
You do have a limitless amount of BS to offer!
(it helps that none of your "opinions" and "predictions" have any content)
A bit of oversimplification of a complex situation. The single most important variable is the proven efficacy of Lupkynis, for a deadly disease, one for which there is no better treatment.
There were many headwinds for Aurinia (including Covid which made it just about impossible to promote the drug, not to mention the state of the economy and market).
It's a volatile situation, down one day, up the next! Aurinia is taking steps to move into a robust, self-sustaining state. They are not desperate to be bought immediately, which gives them a better bargaining position in the future.
Oh my God! What happened???
Did a patient die?? Did they discover an unknown toxicity?? Is the company running out of money?? NOPE! None of the above. We missed "estimates" by a few pennies. My feeling is the "estimators" had no clue and the company will continue to chug along and as it start showing a profit, either the PPS will go up, or there will be buyout. Not to worry.
Dear Mr. Watson,
Thanks for your posts, they are short, to the point and very persuasive (as simple, honest facts usually are!),
BTW, is your wife a nephrologist by any chance, and if not, maybe your cousin Winnie... anyone? (LOL!)
It's all a question of focus:
That may well be true in general, but given that Aurinia has no debt and enough cash reserves to go for years, discerning investors and potential buyer should not be deterred. I assume that any interested BP has plenty of cash to make the deal.
I have to admit that I do have an impulse to "chuckle" reading the diatribes produced by "999",
BUT my vomit reflex short circuits any completion of my initial impulse.
Would YOU have this guy over for dinner?
BTW, do YOU know the meaning of "schadenfreude"?
I don't think either Schiller or Beethoven used "freude" in a similar sense (LOL)
Dumb and even dumber competing for First Price in producing an endless stream of stupid sarcasm.
(Add special price for gutter fantasies and a malevolent turn of mind and "999" is a shoe-in).
In the meanwhile.... serious, talented scientists and entrepreneurs at Pluri are working to advance the transformation of ideas into valuable products in the clinic and food production arena.
Think about this: if "999" was the CEO, he would work on bypassing the production and digestion of food and go directly to the end-product.