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Alright /biz/
I bought into AUPH at 2.7 and got fucked in the last few days. My position is relatively small though. It was at 4.26 and then some news came out of a shitty trial and some people died. Did I make a mistake or do the right thing. Keep in mind the amount of support it had at 3-3.50.
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>>1454025
the fact you're posting here shows that essentially..if somehow you do make the right decision here it would be by blind luck.
seriously
you spent the time to post about..this...
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>>1454025
Small pharma is fucking terrible. It's essentially pure risk with not enough potential return to justify it, in my opinion.
Especially considering the fact that AUPH was a penny stock with a long downtrend for about 4 years (dropped 75%) and has been in an essentially flat trend since some big jump 3 years ago (they're down 18% since it). They've never gone above 5.50, and they haven't gotten that close to 5 in a year. Not worth it.
Furthermore,
>-9500% operating margin
>negative returns on equity and assets
>negative year-over-year quarterly revenue growth
>negative cash flows
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Im buyig in OP if you actually do research this stock has some major potential to Moon in my option and at least have some nice ups with later news releases even if I invest short term,
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A lot of people on /biz/ are against it which in itself is a good sign to invest.
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>>1456974
When /biz/ is for something, it's a good sign to avoid it. When /biz/ is against, it's also a good sign to avoid it.
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