You can't always get what you want, but if you try sometimes, you get want you need. Rolling Stones
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$5.61 after hours is a good sign an we approach earnings.
I hope we hear about the Rayadee test trials soon or at least before everyone gets vaccinated.
Speaking of being vaccinated, today was my lucky day. But my wife was not so lucky, since she was turned away after waiting 2.5 hrs on the no appointment line. Very difficult to get an appointment here in San Antonio, even if you are over 65.
Should have a steady rise in the share from now until earnings. Hope Howard and others bought on this last dip to $5.24 like I did. Or maybe he just procrastinated again. I think we will cross $6 again this week or next and then $7 on Feb 19/20 at earnings announcement.
Howard, I couldn’t resist and bought more @ $5.29. Hope you bought some on this dip. I think this is the last great dip before $10!
Maybe because the CFO leaving, delayed reaction?
I did buy more at $5.39, so I thought this was a good dip to buy into.
Howard, here’s the pull back you been looking for. Buy it at $5.44
The chief accounting officer, Hernandez, just resigned. The release said it had nothing to do with the company. May be the reason Opko is down a few pennies after hours.
Howard, you say:
Been hearing that since last APRIL. Should I buy? Is this the last Dip?
Well if you been waiting to buy on a dip since April you have missed quite a run up. You also missed 3-4 dips where you asked is now a good time to buy. You have always been right and called all the great buying opportunities. You must be very off by now. Please keep letting us know about the dips!
Hey Paul, does this mean (need capital) your position in Opko did not work out? That’s funny (as is Laughin@) because my position has brought a big smile to my face when Opko hit $6
Joining the Reddit board is a great idea for all those that follow OPKO. But I am not sure how. Do you have a site? I ll try reddit.com. Hope to see everyone there!
Addendum
Joining the Reddit board is quite confusing
The recent run up has brought a BIG smile to my face! In fact, I am actually LAUGHIN @ all those shorts who are now being squeezed. Kinda like a LaughinCow squeezing out milk, but sour milk to the shorts.
DeGen.
How can we get the Robinhood Merrymen to start a short squeeze here on OPK like they did with GameStop. Does anyone here know the chat room these guys discuss short squeezes?
Just watched a replay of Mad Money where Cramer in the last five minutes of his show had a diatribe about how screwed up the vaccine distribution is and how it should be done by the military. Great minds think alike!
After waiting 1.5 hours, the vaccine was only given to the hospital employees and there family who were pulled out of the line. There was nothing left for the 65+ old. No more vaccine for rest of week. Hundreds of folks left very disappointed. It is a shame how disorganized this vaccine distribution is. But what do you expect from the government. It was very sad to see all the old people leave with their canes, wheel chairs, helpers, etc. All expecting to get vaccinated so they don’t die when they get the COVID. I bet for some of them this was their first time out of the house in months. There are so many better ways to organize the vaccine distribution it’s too bad that the hospitals don’t do a better job. This needs to be done by the military and with online sign up for Appointments, not waiting outside in a line only to be disappointed.
It’s 4:25pm San Antonio time, as I wait in line to get the vaccine shot. They open at 5pm for those over 65. The BIG problem is that they indicated that they can only take the first 75 people in line and from my best estimate I am about 90th in line. I will be waiting it out with the slim hope that I will get the shot. They also indicated that there will not be any more vaccine until next week. The ironic part is the line in back of me keeps growing and there are at least 100 right now and 2-3 more every minute. I do have a lot of medical conditions that I don’t want to discuss here, that may permit me to get the vaccine.
A bottle of Vitamin D should be put in everyone’s stocking! No joke. Telling someone to take Vitamin D is one thing, but giving the gift of Vitamin D is so much better. Especially for grandma and grandpa.
The preliminary completion date is February. Hopefully Opko will PR something at that time.
I am expecting a big run up when (not if) the results of the Rayaldee test trials are announced. If the results are anywhere similar to the results of the original small sample test trials, you can expect a monster gain where the share price will very possibly reach double figures.
These results should be reported any day now as the testing was completed several weeks ago. This is why I got back in, even though I believe the testing revenues from BRL will be going down because of the home test competition and people being vaccinated.
DeGen
I am sorry I called the those who chose NOT to be vaccinated “stupid”. I realize now that is a personal decision based on many factors. But I do believe that those that do not get vaccinated and then get the COVID can only blame themselves for the consequences, and will be a heavy burden on society and their families. And I do believe that those who do not get vaccinated will eventually get the COVID. Yes, they WILL get the COVID and they may not die, but from what I KNOW, going through the suffering from COVID is no party even if you do not die. Your chances of far less “suffering” by taking the vaccine far outweigh the alternative. So in my mind is not very smart to not get vaccinated.
DeGen
Ps: My over 2O years of higher education helped me come to this opinion.
I’m back in! I believe the Rayaldee test trial results will be out VERY SOON. If the results are good there will be a 30-50% immediate bump. If the results are bad, no big deal as nobody is counting on Rayaldee outside of those investors here. This should give us all a very Merry Christmas.
The fact that the vaccine is here will not cure:those that get COVID because they are too stupid to get vaccinated Doctors will still need a cure for the COVID and Rayaldee may well be the answer.
I would hope that everyone here is taking a vitamin D supplement pill daily. Costco has it on sale right now.
All my SRNE options expired worthless as this company has failed to get ANYTHING approved. It is too slow to market and has lost the race. It is very likely I will not be back. If anything ever becomes of this company I would be surprised.
As a 75 year old, pre-diabetic, overweight, with a heart condition, blood type A +, I sure don’t want to get COVID because I may die unless I can get a treatment that works. Weeks ago I asked my doctor for a Rayaldee Rx which he granted and sent the Rayaldee Rx in to my Pharmacy. The Rx has not not been picked up be me as it costs $1,000! But if I do get the COVID, you and bet the ranch I will have someone pickup the Rayaldee Rx ASAP for me.
Yes, I will first in line for the vaccine.
I was not able to get into any vaccine trials.
As more fast, inexpensive and simple COVID test hit the public, the less business for BRL.
Here’s the first AT HOME test kit, approved on 11/18/20:
https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-fda-authorizes-first-covid-19-test-self-testing-home
What does this mean for Opko? Will the sports leagues be renewing next year (doubtful)? Opko needs to sell the lab NOW while it is showing a great income, tomorrow is to late. Will Frost do it now (doubtful).
Glad I am OUT!
Thank you Howard, I hope others here read my post and discuss it here.
Yes, the Rayaldee trials are coming and the growth hormone has potential, but even if the trials are successful this horse is far behind in the race. There are too many big drug companies with better products that will likely be on the market far ahead of Rayaldee. It is still possible Rayaldee will give the Opko share price a shot in the are but it may be too little too late. The growth hormone has a better chance, but when.
The biggest problem is all the other companies are coming up with fastest and better tests for COVID that will very likely reduce BRL sales and contract renewals in the near future. BRL has been carrying Opko with its strong revenues that will soon be reduced. I now like Thermo Fisher and Qiagen in the testing industry as they both will dominate BRL. The best thing Frost could do now is sell BRL when it’s looking so good on paper.
In any event, for all the above reasons I sold my shares at $3.74 to invest in the other testing company. I don’t doubt that someday Opko will be a great investment, but I right now QGEN and TMO look a lot better to me at this point in time. I wish the best to all the longs here, and hope they squeeze out the shorts.
I for one am very curious as to why the stock went up over 16% in one day when there was no news. It sure feels like something big is brewing, I just wish I knew what it was. Could it be someone knows about early results of the Rayaldee trial test results? That would be a game changer. Let’s pray for the best.
Although Opko could not hold $3.80 so far today, I like it’s chances not only to return to $3.80 but approach $4. As more investors read and understand all the things that Opko has going for in the pipeline combined with current profitability the investors will start loading up. $4.00 this week, $5 by the end of the month.
Duplicate
Now up 5%
Opko up 4% and no posts! What gives?
Is the marker final starting to realize what a great 3Q report the stock had?
What’s more important than profitability with so many great possibilities for the near future?
Opko up 4% and no posts! What gives?
Is the marker final starting to realize what a great 3Q report the stock had?
What’s more important than profitability with so many great possibilities for the near future?
Now that I have had a few days to mull over the recent quarterly report, I ask myself what in the report was bad, or at least bad enough to drop the share price 25%? Answer is NOTHING!!! What was good in the report? Earnings, yes! Profitable for the full year very likely. Testing up to 100k a day! Future earnings, good even without the higher testing numbers. Growth hormone, great update! Rayaldee update, trail study on going. But if the trial goes well this will send the share price to the moon (at least a double).
So why did the share price drop?? It’s just crazy and very likely the entire drop will be recovered very shortly.
If this is not a strong BUY I don’t know what is.
Estimates are based on the current 70,000 tests per day, but keep in mind in a few weeks they will be able to test 100,000 per day if the demand is there. IMO, the way it’s going, the demand WILL be there, so they’re should be more earnings.
Let’s all meet here a few minutes before the to discuss what is reported.
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Earlier today the SP fell under $4 which had me very worried as I felt the insiders knew something and were selling. However, it appears this theory has proved wrong as now the SP has shot up $0.20 from the lows, up 5%!!! This is a good sign as an upward trend into earnings is always a good sign. Only a few more hours until the earnings announcement.
I think its a VERY bad sign that it is trading down during the day when earnings are reported after the bell. Most times, information leaks and those in the know sell if bad news is coming. Sure looks like this is the case, but I still have high hopes for HIGH earnings.
With all the good PR Opko is recently getting, plus a possible buy-out or outside encouragement to shake up the BOD, plus earnings after the bell tomorrow, the trading Thursday should be interesting. Maybe a real spike up!!! I would not be surprised to see $5 in after hours trading if a nice earnings beat is announced with an announcement that Opko will be PROFITABLE for the year.
What does “you know what you own” mean?
Not to state the obvious, but I really don’t like a 5% drop in the share price Just two days before earnings. Especially when I was expecting just the opposite to happen. Does somebody know something? I for one am very suspicious. However, I still believe we will have a blowout earnings and the share price will soar