Aurinia Pharmaceuticals Inc (AUPH)

[cervelo]

just the facts, my one allowed post for the day so those that find joy in being a bully can fill their cup.
FACT in less than a week we have lost 42% in share value that comes to 1.8 billion.
FACT because of management filing shelf, shareholders lost almost 1.2 billion in shareholder value. some will try to pacify themselves and spin it as a positive. There is no positive in shareholders losing 1.2 billion in one day.
FACT management has said nothing stop the decline.
"Aurinia Pharmaceuticals (AUPH) filed a mixed-shelf offering, sending AUPH stock into a dive on Monday as investors questioned the validity of a rumored buyout."
just the FACTS.
disclaimer...i still hold all my shares and will still get up and go teach elementary school.
enjoy your day, with a holiday coming i feel we will see further drop this week as management remains silent.
FACT management stated their goal as , Shareholder value and get this drug to as many people that need it as possible.
If they have a reasonable offer then they should take it and set their greed aside, they cannot get it to market alone, a company that is already in front of the doctors with a relationship and reputation need to do it. So are they concerned with patients that need this now or are they driven by money?

I would bet they did not lose 30% from their paycheck yesterday.

all have a wonderful day and a Happy Thanksgiving.