Replies to post #11364 on Aurinia Pharmaceuticals Inc (AUPH)

[thesaud]

I remember it was this time of year, 1st 2 weeks of november it hit near 52 week lows! yes this does feel like that period. $21.50 is looking good to me now

[Jesspro]

Last year, p3 was successful. This year the peer reviewed data was proven beyond a reasonable doubt, NDA was filed and now just two months before approval. We either sail through commercialization or we get bought out. We have $421M cash on hand and can qualify perhaps as the most derisked small biotech in town. If I have any money left, I will not hesitate to buy at this price...jmo.

[slimhere]

Did you sell puts when AUPH dropped that time? I'm just being nosy, I had never hear of Aurinia when it was selling in single digits.

I also sell puts similar to how you earlier had explained your range, I'm only between 13 to 15, and the damn Maintenance Requirement for AUPH is huge, mine is just a tab over 29,000.00

IMO, it's a great way to buy more shares or collect other peoples money, but I'll be happy tomorrow when these options settle. I wish AUPH sold weekly's.

Depending on what the Market Makers do tomorrow, I'm believe I'll be buying 2,000 shares with a cost basis of $12.64 however, it's my opinion that we should not be selling at current range, actually, I didn't believe I'd be buying any shares, I also believe I have it right, the market has it wrong, and that's exactly what I've been telling my wife when she wonders why we own so much of one stock. The poor lady is still suffering from The Amarin Blues.