RE:how the stock market works (oldie, but a goodie)loving it.
Here AUP is even worst. Aurinia executives don't manage the business to serve the interest of traders and their desire to flip the stock for a few bucks' profit. The company's goal was to bring in significant money to fund the development of voclosporin and to build a roster of new institutional shareholders interested in owning the company for the long term.
Aurinia says
They manipulate the stock with GOOD news then proceed to take advantage of the rise in price for their own benefit ...then blame the investor for not seeing it coming ...cause they are there for the development of VOclosporin.
SURE IT DID NOT SERVE THEIR GOAL . THEY HAD NO IDEA OF WHAT WAS GOING TO HAPPEN .
a roster of new institutional shareholders interested in owning the company for the long term.
Aurinia says
WELL from INSIDER MONKEY No top funds that we track were long Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) at the end of Q4
Had sold my share on the rise and keep following this stock ( have for almost 20 years back then ISOTEKNICA own it ) might still buy into it might not.....Just hoping to save some pain . Trust me I sufferred many time prior to learning the saying SELL ON GREED BUY ON FEAR.
Greed was just a few days back.......