Replies to post #6009 on Opko Health Inc (OPK)

[terry hallinan]

Seems like every ER we get slaughtered

I have read Ollie kept telling Wilbur that their bicycle shop was doing terrible because of that damn aeroplane that just cost money.

I read that because I just wrote it so somebody would have read it. :-)

One "investment" of OPK is doing fine even with rising stock price even though it just keeps spending money and any claim it will ever make a dime in product revenue is a lie.

https://www.nasdaq.com/symbol/elox/stock-chart

Why can't OPK do the same?

- For one thing OPK has rising revenues and will soon be profitable if things go just a little right. Alan Abelson, the great former editor of Barron's when it was worth reading, used to warn traders constantly about such stocks. The worst danger point of such stocks was when they actually became profitable.

So why not buy ELOX instead?

- Because it is more likely than not to implode and be liquidated with total or near total loss to stockholders.

I still like my ELOX, fool that I am. :-(

I even like OPK. :-(

My wife hates OPK. She keeps telling me to buy stocks that go up in price. She's a lot smarter than me. :-( :-( :-(

Best, Terry