Replies to post #15326 on Aurinia Pharmaceuticals Inc (AUPH)

[Jesspro]

I still think the pandemic is one of the big factors for our sp decline along with inflation. The Ukraine-Russia war didn’t help either.

[cervelo]

sleazy slimeball is an excellent description. obviously the share price should never have gone below where it was after fda approval. pete is the only possible reason for us sitting here with a 33.00 drop from the highs.
I am betting we bounce between 9.50 and 12.00 for the balance of the year.
then again I would love to be wrong, yet I was slammed stating we would see single digit in mat if pumpin pete did nothing

and regardless of covid ,wars, inflation and other factors many a stocks continue to run.

[zzaatt]

But PG's history of false statements suggest fairly strongly that he deliberately took the price way south first, then scooped up a ton of dirt cheap options for self-enrichment.

But the other half of that "sleazy" maneuver is when he (PG) "takes" the price skyward, so he can cash-in on the "ton of dirt cheap" stock he scooped up. Your theory would not make sense otherwise. So I assume you're very optimistic at this point (I am).

I personally discount the reality of all these subterranean maneuvers by management. It seems to me that there's a natural progression of stock value that depends on inherent value, subject to distortions by earthquakes such as Covid and Putin's assault on Europe. I also think that drug companies are least likely to be effected by the coming recession, so it's a good place to be for now.
The company is cash rich (relatively speaking) and it's breaking even and moving toward profit. Probably a good time to get in.