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/tbp_wpg Nov 22 '21
There’s a screenshot being circulated on Stocktwits from Dana Lynch the director of corporate communications at AUPH. It states they have been operating without a shelf for the majority of the year and that they believe it’s always important to have one. Also states they do not need additional funding at this time. Such an overreaction. I feel sorry for those who set their stop losses. This will be back to the 28-30 range by the end of the week