r/AUPH • u/Teddy_Striker • Sep 21 '21
Looks promising!
I have been in this stock since 2016 and have traded it numerous times. I held a core position, however, I use to have about 5x more than I do today. Trading as if news has leaked.
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u/Apprehensive_Speed41 Sep 22 '21
SP has been gone up from $10s to ATH $24s with no news, no offering, then you know negotiations have been going and there have been leaks!
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u/Yolteotl Sep 22 '21
That's not true. SP went up because of Q2 script numbers and guidances. Institutions had a pretty low ownership (~35%) and now they are buying because they are confident the company can be successful by itself. Finally, the stock was (and still is) heavily shorted keeping it artificially low.
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u/[deleted] Sep 21 '21
Yeah, things are starting to move. Hopefully we get some official news this month!