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Memory serves, the TSRO shares they owned are long gone - I spent time sifting through quarterlys and couldn't nail down when they went off the books - they have stated that they don't itemize such sales.
I gave up - the market didn't seem to care anyway, just hammered the stock when the injection problem popped up...
To what end (besides job security), do you figure?
11/9 8k - they snuck that in - I didn't see a press release.
BTSOM...
recent form 4 filings
odd - Frost buys 20,000,000 shares and a board member buys 500M and not a peep by the local cognoscenti?
Makes less stock for the shorts to cover with, if nothing else...
Market acting like numbers leaked - seems to happen every quarter...
There is an ongoing case involved (supposedly) so commenting in public is probably being stifled by their own attorney. Only ones talking are the shorts and the ambulance chasers. Cramer expects Frost to explain himself on his program? Cramer is an excellent Monday morning waterboy...
1987 - timely.
No sense in asking your point - you have none. But thanks for trying...
OT - SEC behavior
From Mkt Watch: SEC TSLA & Musk settle
"Terms of the settlement include Musk resigning from his chairman role, Tesla to add independent directors to its board, and each Tesla and Musk paying a $20 million fine."
Musk I can see but why would they ding the company? This punishes shareholders for no reason I can think of unless its liable for employing the nutjob.
Thats just a rehash of the same sorry story thats been being thrown about for years. There is nothing new here save the latest SEC thing - the SEC doesn't seem to have any grasp on this. Its the same short crew spreading the same FUD ad nausium and the denizen on line all jumping in wringing their hands over the crimes alledgedly being foisted by Frost. Hindenberg is a proven liar and just who the hell stocksleuth is is beyond me - seems like someone possessed with this whole sorry saga. Same old same old for several years - there is probably something here but no one on these boards knows and the SEC seems clueless as well. In other forums, we have "employees" of BRL bad mouthing that company with "inside info/dirt" on dirty labs and such. OPK was called on the carpet for a FDA letter over BRL's alledged over charging the Govt (nothing there apparently). And we have the Frost stock buying watchers that must be besides themselves over the sudden lack of Form 4s.
"...someone is setting up shareholders ahead of time and dumping the stock as soon as the honeymoon was over again and again and again just in different companies."
tred, who is setting up sharehoolders here? What stock/s are you talking about? You have me a little confused here, a normal condition for me at times...
Somewhat OT but amusing...
Story in NY Times quotes Elon Musk's name for the S.E.C. -
"the Shortseller Enrichment Commission.
https://nyti.ms/2BY47qY
NeoVasc +24%
Good news on bio front, not a pump&dump.
OPK filed 13d in Feb '18 for 9.9% of the stock - BSX is also a 13d filer...
WTF is your point?
So this stinkingalpha "expert" decides to do a hatchet job on Ladenberg-Thalman. The stock is up since. This appears to be a Frost troll.
Maybe he should go back to accounting 101?
Doesn't appear he showed up in class 1st time around.
Maybe the SEC is being fed the same koolaid on OPK?
yo lonetree - just found the LTS news - I hadn't sen anything on it save the hatchet job out on Ladenberg...
apologies to you
The hatchet jobber from stinkingalpha is spreading more FUD, now bashing Ladenberg - maybe that post was his? Maybe he didn't cover his short...
Ah-ha - Fost stepped down from Ladenberg's chair - no real surprise there, its a retail brokerage. I was surprised he sat on the board in the first place...
"just sayin..."
Who is stepping down from where?
I find no information out in public on any moves by anyone - do you?
You can't read too much into this - just going to drive yourself nuts. Frost really can't buy into 17mill sh volume - too uncertain, no matter how much you like the stock, and he can't hold up that kind of volume. Also, he may be a bit gun shy of being accused of trying to manipulate share price - the SEC isn't acting in an unbiased fashion. The desire to shut down this p&d scam may have skewed their normal behavior and caught a dolphin in a tuna net, so to speak...
good thoughts but this is the SEC, nothing is fast. Only real hope is maybe finding out some error which caused Frost to be lumped into the slime pool by being what is probably the only legit buyer in the market at the time of the fraud. It may well be that honig used his name unbeknownst to him as a part of the p&d scam - not much of a stretch...
The slime balls will not get a nickel - they are chasing ambulances for a reason. Seems everyone has already tried and convicted OPK/Frost. Thats too bad.
"Remember Ivan Boesky??"
I do - apparently you don't.
Boesky was a fraud and the money he amassed (nowhere near $600 mill) was all done on inside tips and various scams using his wife's money. He flipped on Milken, another felon of junk bond fame. Milken at least had a few scruples. Boesky is living off his ex-wife's money.
https://nyti.ms/2D14rav
Frost is nowhere near this class. Your diatribe, is unnecessary and ignorant.
Cramer can be the kiss of death -
"Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now."
-- Jim Cramer, Oct. 6, 2008, S&P 500 at 1,056.89.
(quote thanks to motley f.)
And the stinking alpha hack jobber is foaming at the mouth again.
"enjoy the reads "
I went through 4 pages just for s&g but there is not a single story which mentions any link or "gang" connecting honig and Frost. honig has been chased by the SEC for years - Frost is only mentioned in connection with 3 or 4 stocks which OPK had invested in (and still owns).
My only point is that there isn't necessarily any collusion between the 2 - the only connection purported to be an indication is some stupid quote by honig relating to the value of AAPL and OPK, saying Frost is a very smart man.
Seems every time he opens his mouth, lies spew out. I've seen nothing that indicates Frost would have anything to do with such an individual.
Frost is currently a director of Cocrystal and other directors of OPK are seated on the boards of other "micro" investments that the company is invested in. All of those companies are involved in what appear to be cutting edge pharma research.
An you know this how?
Another news forum unbiased post.
I was alluding to the same in post 6203 -
The irony...
OPK is a shareholder of MBVX and can join in on the lawsuits...
"Is Cuban a friend of Frosts, or even worse a friend of an associate? Normally leopards dont lose their spots!"
eh?
From the company website:
"OPKO’s growth strategy includes investing in early-stage companies that we perceive to have valuable proprietary technology and significant potential to create value for OPKO as a shareholder. Some of our investments include:..."
then a list of penny stocks. Frost has made no secret of his aim when he plays in these 'survivors' of that great stock swap meet. Wall St. is littered with company shells that couldn't bring a drug to market for any of a myriad of reasons. Sometimes, rummaging through a dumpster can actually turn up something of worth.
WTF was Cuban doing screwing around with that ridiculous "investigation" in which he claims being short? What ax is HE grinding?
This smells alright but the smell is bullshit...
Looks like the SEC didn't leave much out - and they're out for blood...
longs won't have much of a choice, there will be no way to get out of the way if this has any validity - wonder how many of the 17mill shs Frost bot...
Don't be surprised if they don't reopen today - the shorts are all waiting. Frost has some 'splaining to do, tough call, the market takes no prisoners.
Along the same lines, although not sure how to parse this.
https://nyti.ms/2MoV74s
"Revenue and net loss for the three months ended June 30, 2017 benefited from a non-recurring $10 million milestone payment for VARUBI"
That was last year
"...net loss for the three months ended June 30, 2018 benefited from the reduction of contingent consideration expense of $15.4 million"
"This added $26M earnings resulting from a one-time payment and, worse, a bookkeeping adjustment more than wipes out the reported comparative reduced quarterly loss."
Assuming you rounded $25.4M to $26M this has me lost. I saw that before the call began and was waiting for some analyst to pick it apart but didn't hear anything from them at all unless I nodded off. Guess I'll have to read the 10Q - that sucks - maybe I can relisten to the call.
I can't see this as a serious financial circle jerk - thats going on on the trading floor. I'm wondering why revs fell from $314M to $264M myself...
"OPK took a hefty hit from failure of an adult test with very different goals that had not been abandoned last I read."
the silence has been deafening on this...
"The Phase III for children looks like shooting fish in a barrel. OPK's drug is an extended release version of the original drug, which obviously is very desirable."
problem is we have to wait until they grow up to see how effective it is. I've always been amazed at the perceived size of the market on this drug. lotsa little folk out there...
go petx :)
I had to wander over here to see if you still existed on this mortal coil - glad to find you. Also nice to see you actually correct yourself - thats a 1st to me. I looked up Ed Jankowski to see what you were on about and see that he is dead! On google, the first 5 screens for Ed Jankowski are obits - I stopped there, thinking thats Terry being Terry.
IV kick you off?
June, gotta love the sentiment but while appearing to be from Fortune it is no relation. It is a simple cut and paste from several publicly available sources with absolutely zero new information. It is effectively financial spam - clickbait made from several boiler plate formats which indicate someone selling pre-packaged websites. Buyer simply adds a clever name, like these:
Post Registrar
Review Fortune
Smarter Analyst
The Voice Registrar
The Cerbat Gem
DailyQuint
CML News
and voila, you're the next Forbes!
With little exception, any info offered is stale at best. In many cases, English isn't their 1st language - not a problem, per se, but embarrassing.