Opkodd transcript on Peter Najarian “Fast Money” Contributor & David Miller Catalyst Senior Portfolio Manager were quoted as saying...
TRANSCRIPT
Peter Najarian “Fast Money” Contributor
Opko Health, just real quick Judge. This one caught my eye because it’s one of your Buys and this is a Bio Pharma kind of play, right?
And this one where typically you see more people selling in these kinds of names, the fact is you have people buying.
It’s not at a 52 week high, but it’s a pretty good sign again, it’s an $8.00 stock but a $3 Billion Dollar Company.
David Miller Catalyst Senior Portfolio Manager
Right, so if you looked at Opko Health, you could see Phil Frost buying several Hundreds Thousands Dollars worth of stock virtually everyday for the past year.
His buying has actually continued and actually picked up in the last couple months.
He is a multi billionaire. He has enough cash personally that he could buy the entire company if he wanted to, and it seems like he is just gradually doing that, sucking up the entire float.
And it’s not just him. CTO of the firm Jane Hsiao, she’s buying as well as a few of the other directors.
It’s particularly interesting when they just keep buying more and more in such large volumes virtually everyday.
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