“Never mentioned on any news show or
Anywhere”
The last time Opko was mentioned on Mad Money (about 6 years ago?) Dr Frost was interviewed by Jim Scammer Cramer. This was the point in time where Dr Frost made the infamous comment when asked about the high short interest (paraphrase) “ ...Ive known many shorts in past years who lost lots of money on my stock who I ended up making friends with later.”
Im sorry but friends or no friends, leopards do not lose their spots. Imo only this stock has undergone an intense transfer of wealth from a very long and animated, perhaps impatient group of naive investors. In the “old” days, Frosts buys, day after day, week after week, year over year were used to pump this stock (and many many others too) into oblivion with fierce defenders on both sides. With respect to Opko Imo Dr. Frost left shareholders hang out to dry a few major times breaking major support over the last decade. Couple that with a perfected AI algorithimic trading platform and perhaps one could surmise “old” leopards are “doubling down” against their now “old friend”. Its not hard to see these moments on a chart. Add in the most recent lawsuit including Dr. Frost by name (alleged only) and some of his (armlength?) “associates” ( involving companies other than opko) has further shed light on some of the leopards methods of p n d tactics. Of course Dr Frost did the right thing and quickly cleared his name by paying a fine and most likely privately “slapped the hand” of said (armlength?) associates. The question, is if he did privately slap their hand for the stain on his name, was it done because of the actions or just because one was caught with his hand in the cookie jar? I am sorry but as a Ceo, as chairman of the board of many very high profile companies I hold Dr Frost to a higher ethical standard when it comes to unethical trading practices where his name is used.....freely. He in no way shape or form should have been so naive to even remotely be unaware of practices being used by (armlength?) associates.
Yes, I know, I know, this is a baby bio business with forward looking statements and its all tucked under all the protective small print surrounded by lawyers and we are all responsible as adults for our own investing decisions. No worries just spilt milk that has flowed under the bridge long ago but....moving forward its important for new investors to not get caught up in the rush of “heavy insider buying” “something is cooking” one liners that pop up because if we forget about the past, history is soon to repeat itself and it most likly does. Yes, something is cooking, just make sure its not your retirement money, or your families, or your friends that has been “cooked” as it passes from one hand to the other.
All imo and now I digress.
Tred
