Opko Health Inc (OPK)

[terry hallinan]

Country Squire,

WHAT HAPPENED ,,,Down 57 cents ???

Price spikes are always volatile.

At any given time with any stock or most anything else in an auction market, price spikes are volatile.

Years ago, a stock of interest to me at the time - Vermillion [I have forgotten its former name then] - rose from a nickel a share to $17 in two hours. The next day fat-fingered traders filled message boards with tales of woe about managing to lose money on the day.

The event was even forecast and had a follow through. Over a period of weeks the bankrupt OTC stock rose from a penny to $28.

It was not just a scam. A bankrupt biotech had managed to get FDA approval for its lone drug with volunteer help and donations for a phone line.

Last I looked years ago the stock was a dollar or two with bum management but still a hefty gain over a penny or nickel.

For all I know OPK could be falling off a cliff but it pleases me to think otherwise except as another exceptional buying opportunity.

Best, Terry