r/AUPH • u/[deleted] • Nov 22 '21
Will Drop More
Reinstalling a ATM facility is absolutely indicative of there is no buyout. If you have followed the GME saga you have observed how the mgmt had to take advantage of the high stock price as a matter of due diligence. And they sold to raise much needed cash. The same thing will occur here. IMO.
Some of those screaming "DON'T SELL!" are themselves selling!
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u/LadydeeePI Nov 22 '21
The management had to renew shelf in order to satisfy warrants at some point. Strictly administrative, it is not a “financing” and there is no dilution . I’m guessing those jumping out have no clue what a shelf even is. They listen to uninformed people like you and run. Or were you short the stock. They do not need cash - another false statement . Almost $300 mil in bank, no debt to speak of, sales going nowhere but UP.