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Opko Health, Inc. Message Board

  • filmtarget filmtarget Nov 4, 2012 10:08 PM Flag

    What's the reason

    what's the reason for stock purchase from Frost Phillip?
    And why only Frost?
    Purchase is about 2 to 3 years and nothing magor was hapening?why?
    Why no sellers?
    Anyone have answers on that?
    thank you

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    • Never argue with people that have more money than you, especially if they have intimate knowledge of what they are buying.

    • From a paid service on 10/4/12:

      Opko Health (OPK) is a $1.3B pharmaceutical and diagnostic company located in Miami, Florida. Opko’s new prostate cancer diagnostic test (4KScore) which was recently launched in Europe and will be in the US soon sounds great.

      Yesterday, there was unusual options activity in OPK which we highlighted in this morning’s Daily Trader’s Outlook. In addition to the 1,600 OPK Oct 4 calls we mentioned, market participants bought 1,200 OPK Nov 4 calls and sold 1,000 OPK Nov 5 puts. This is bullish trading.

      The 14 times unusual bullish volume yesterday spiked the net delta position into bullish territory for the first time since March. The volume represented nearly 50% of total open interest.

      CEO Dr. Philip Frost has been buying steadily since October 2010. On Oct 2, the CEO bought $200K worth of stock. On Oct 3, he bought roughly $900K worth of stock for a total of roughly $1.5 million in the past three days. Since 2010, he has accumulated $90 million worth of stock. You read that right, 90 million dollars - talk about insider buying. Charts of his insider buying are shown below. The green dots represent buying. The first chart is the 6 month insider buying chart. The second chart shows the activity over two years.

    • thats the same question that keep running in my head, and yet remains to be seen.. so I bought in along with Frost..yet the pps keeps going south, but if this goes to high $3. I will buy

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