AUPH AUPH AUPH
i traded this stock in the 3's an sold on ph2 news. bought back in around 5.2 and sold in the 6s then took out a few options and kept some shares until today. sold everything around 11am. ~700$ profit. great trade considering the offering AH today and the choppyness for day traders all week. but here is the thing. ive been following this stock for weeks. its been short squeezing its way to where it was today. the pipeline to their drug is serious >1billion and 100s of mill in other countries. combined with a better ph2 (less deaths), buy out possibilities near ph3 (maybe not because of the offering today), and a few other things you can find in research.
My theory now..with this offering alot of revenge shorts are coming back and bringing their friends. this may go lower in a day or so but come friday the tides will probably turn, as been the past days. alot of people are in from low numbers looking to average in and are unwilling to give up their shares. so this could be a ploy from AUPH. knowing what they know about the trend behind their stock they are maybe setting a short trap. they still have results to share coming on their drugs and if timed right all these shorts from the offering will be the ones to push this stock to its value.
i have a few 10$ calls for april and am looking to get some 7.50s possibly. but this is possibly the stock of the year. only time will time
good luck :)
I know I want to short this, but am wondering do I need to wait for it to prove itself...I would if it were going up, therefore I think I do going down, too. It peaked at 10.54, rebounded to 9.50 after a bounce down to 8.25, closing 9.07. Seems proof enough. I would anticipate this opening, slight upside, maybe, then a plunge. I'm an fng at this, so, I suppose I'll see. Thinkorswim finger poised on the 'short' side. Does Thinkorswim give me 'reality' on shorting...do I have to plan as much
this has 15k+ watchers on stock twits. theres volatility there. short and long. i wouldnt see this stock going much furthe rdown, maybe a dollar. the short side wont be as profitable because the upside is much greater. you can see the same play in AKAO right now the stock still finished green on a PO with consistent volume more than $AAPL this is an opportunity to get in before its too late. im long obv and i maybe be wong. but look at this too http://nakedshortreport.com/?index=AUPH and match
..it all up. TIM didnt day trade this well and i dont have his long term news letter but i hope he has put this in it
$TGTX too had an offereing and closed up the next day
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