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homeboy

02/08/24 4:15 AM

#15768 RE: MIKE18181 #15767

Earnings and revenue growth are the most important factors to consider I think…although insider buying is a positive, it’s not what ultimately drives investors to a stock.
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homeboy

02/08/24 6:13 AM

#15769 RE: MIKE18181 #15767

Sent today to OPKO in response to your post:
You can buy all the shares as you wish, but a stock without earnings and revenue growth goes south.

OPKO is a penny stock and mismanagement is to blame.
If you have a consistent flow of income from the lab (per Adam Logal) can’t you figure out how to manage to be consistently profitable?? I sent a video of Dr. Frost in a Mad Money interview with Jim Cramer…stating the lab at purchase time had a revenue of one billion and income of 100 million. WHAT HAPPENED???????????
You’ll get the accolades too …not much to speak of at the moment.

OPKO has relationships with major pharmaceutical companies. Perhaps sell the company..or spin off Modex. Do something constructive. Hedge funds are showing no interest even at this price of pennies a share. The hedge funds want to see consistent revenue growth and profitability. Until then, do you think insiders buying shares will attract them? NOT without revenue growth and profit. Hedge funds move the stock..they are Wall Street.

Put someone on the board from a major pharmaceutical company…not just management being the board and calling all the shots. Do something!