InvestorsHub Logo
Followers 11
Posts 616
Boards Moderated 0
Alias Born 02/09/2013

Re: someconcerns post# 218

Wednesday, 08/14/2013 4:47:15 PM

Wednesday, August 14, 2013 4:47:15 PM

Post# of 241
Yes voted my paltry number of shares of PBTH a couple days ago agree with BOD for the merger. I have been long OPK since early Nov 2012. Something around $4.40 range. First bought into PBTH early June 2013. I have my own self imposed limit in any one stock in both of them.

Answer to the guy who asked how his PBTH shares would be priced upon the merger? Upon the merger PBTH will cease to exist and you will be issued 0.997 shares of OPK in its place. So whatever OPK is worth at that point nearly that same price will be your replacement price in OPK.

I am also holding shares in SFES another of Dr Frost's companies. Some 31M shares of short interest in OPK and only 1M on PBTH. Dr Frost and other principals in the company 51% ownership 126M shares. Another 12% owned by mutual funds not likely they will be selling anytime soon. Shorts are about 10% with the Dr and Mutual funds at 63%. The shorts don't have much available to purchase. Dr Frosts real payoff will be when he sells the whole works to one of the big drug companies. My payoff as well.

I will really enjoy watching the short squeeze in OPK one of these days.

John k9uwa