Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don't think he wants to take this private... he is old now and I don't think that his family is quite involved with the operation. He is too much involved with philanthropy and his Museum among other things..
Heavy volume so far... looks like it's going to be one of those 20 million+ shares day... let's see which way it goes... <sigh>
See my previous post - he owns close to 221 million shares as of yesterday
Don't think he wants to take it private, I tend to think selling it to a big pharma company and rip a huge fortune.. I am pretty sure he has to be on top of the current stock trading condition because for every nickel it goes down, he loses app $ 11 million portfolio value... I would !!
Close to or around 221 million shares and the total O/S is 669.8 million shares
It's about time they release some numbers as to the income from the testing.. !
Since their founding in 2007, OPKO has grown into a global healthcare company, with over 5,500 employees spanning nine countries, through organic growth and complementary acquisitions.
Also encourage your and all to read:
https://www.opko.com/who-we-are/our-history
Do you think this is a "fly by night" operation...?
He only needs to buy app or around 140 million shares for him to be in full control of the company's voting power by himself.
Frost's buys this month alone so far thru the 30th
3/30/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 161,968 1.34 – 1.35 220,324,273 $218.0 K
3/27/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 100,000 1.40 – 1.40 220,162,305 $140.0 K
3/26/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 200,000 1.36 – 1.39 220,062,305 $275.4 K
3/19/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 100,000 1.47 – 1.50 219,862,305 $148.9 K
3/12/20 Japour Anthony J M....
Director Purchase 500 1.51 – 1.51 1,000 $755.1
3/10/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 300,000 1.58 – 1.65 219,762,305 $481.6 K
3/3/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 100,000 1.47 – 1.47 223,318,420 $147.0 K
Japour Anthony J M....
Director Purchase 500 1.47 – 1.47 500 $735.0
3/2/20 Frost Phillip Md Et...
Chief Executive Officer Purchase 100,000 1.49 – 1.49 223,218,420 $149.0
I need to sell 1 M shares to buy toilet paper.... at 0.0041 ?
I thought Ceplene had a much higher price tag...??
Wouldn't be surprised if Frost accelerate the buying now at these levels... ! He could give a big boost if he does, buying a million shares or more is like pocket change for him.. !!
I am pretty sure he's thinking of something now.... many have relied that the price of the stock was this new virus testing when in fact, the company has a solid core business regardless of the testing... ! This could be a tentative situation for one of the big ones to put an eye on it and I am also sure that Frost could be thinking along the line as well..
That's the way it goes... but some who had shares and lost their jobs have no options than to cash them at any price... we just have to... weather the storm... !
Some are bound to get well rewarded buying thru the storm, it has happened before, the 911, 2008, etc., IMO
Frankly, the price of the stock is one of my least concerns now, it will rebound, I can hold until then if we can get thru this epidemic soon !! .... Good luck to all, stay safe and inside the house because there is no end on sight IMO.... !! <sigh>
As of now, almost 200K at the bid for 1.30
For a man with a medical degree and having amazed a fortune of 1.5 billion dollars I would tend to say he is somewhat capable... ! he still active in the company...
https://www.forbes.com/profile/phillip-frost/#29cc8866019b
Volume is somewhat getting slower and lower, maybe that there might be a healing signal to the bleeding..? This virus curse is causing a lot of selling by the small retailers who have been fired or laid-off.. !
Right ! Sorry... :(
Why would he keeps grabbing more shares... ? If there is a rumor that he wants to take the company private, I am sure current holders would hold to make him pay a fair price, IMO. But, I guess he only knows what he is up to... <sigh>
One thing for sure, this stock is well, well, undersold now... !!
All depends... if for the 15 minute test you ave to wait in line for 5 hours and for the 1 hour test you only need to wait an hour.
Charts don't lie... they only mislead.... !!
If the CEO keeps buying, I either buy more or hold... no science here.. !
Agreed.. !! This stock could support a price above the $2.00 line but... we're living in different (sort of) world now or until, at least, the new virus is out of the way. People are selling stocks if they lost their jobs or been furloughed... can't blame them. But, the disgrace of some is the opportunity for others... unfortunately.
But still holding around $3.00 !! Not bad, IMO
Maybe he's trying to get "full" control, that is, over 50% pf the OS or planning to sell the company... ??
The market already knows about the unemployment figures.. ! Thanks for your well wished warning... I am sure !
Will show it to my family and friends so they know I am better protected than them because my Vodka blood level... !! LOL
See article on the same link about Poland starting to use Vodka as a disinfectant.. !
What's "normal life"? All it takes is to go to the supermarket or drug store and touch something that could have the virus still alive unless you wear gloves and making sure you take them off without touching the glove fingers.... would you remember all that all the time? But on the lighter side, just like the flu, thousands die every year from it and nobody seems to care....
I have been taping the trading action for the past few days... then I watch it once on the bed.. it makes me fall asleep quicker.. ! LOL
There must be a million people here trading it to make a couple of pennies or three... ! 50,000 at the bid 10,00 at the ask, 10,000 at the bid, 50,000 at the ask, back and forth... good grief... !
But, I agree, eventually it's bound to go up when the testing revenues are released..
Every time it gets close to the day's high, they stack the ask like saying hold your horses... !
Heavy bidding going on... maybe some of the shorts are trying to close their positions... who knows.. !!
"Morals"... ? that word is not in their dictionary... ! lol
There was a commentator on ABC a while ago saying millions and millions of people need to be tested because there is a hidden factor here, among others, that many could be infested but not having any symptoms and be able to transmit it into others without knowing it.
At some point they will release (I hope) some expectations as to the income from all this testing, IMO. It could turn out a nice surprise.. !
Frost is currently worth about 1.5 billion ! where is he failing? I will be happy with 10% of that.. ! lol
Thanks for the advise... I already placed an order to sell all of them at 0.50 tomorrow....
Ooops… ! Meant 3.50 or maybe higher... ! WASYA
The stock is moving up....! did they find the cure for the virus?
Once the company starts releasing projections as to the revenues from these testing it should push the stock up, IMO.