Opko Health Inc (OPK)

[Tmguns]

you boyz got big ballz to be buying in here after the S&P pierced through support like butter. Unwinding of ETF's from hedge funds, selling winners to cover losses and margin calls don't just happen over a few days. It took months to build up and it will take weeks to unravel before the dust settles.There will be huge losses by these funds and the news of this will not sit well with there investors.When you can't get a PE ratio on a stock like OPKO, where's the justification for present valuation?This is a negative in my mind, short term mind you, that investors know that there's lots of risk holding this company in the near term during a correction that could quite conceivably throw us into another recession.That's a stretch I know but these markets are extremely over valued.Biotech's are all getting clobbered.
Selling begets selling and we have by no means carved out a bottom in these markets. That only happens when we witness a parabolic blowoff event throwing the baby out with the bath water.

This Ukraine thingy should not be under estimated.Putin is as evil as they come and this dangerous chess game he is playing has him ahead of anyone that contests his every calculating move.
Markets hate uncertainty and that is slowly stacking up in everyones portfolio.