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Opko Health, Inc. Message Board

  • sertdery sertdery Aug 29, 2013 4:19 PM Flag



    Give a choice of being up .09 cents today or down .09 cents the way we traded, I will take this action any day of the year. I have been trading OPK, formerly EXEG and CYPH before that since 1998. This was the most powerful and significant volume reversal that I have seen in this issue in 15 years. I sensed the short term top coming but did not do anything about it. Could have done well selling my calls on Tuesday and buying back in today. The reason I did not do that is that I do not want to be caught any less than fully positioned in OPK. Look at the REGN chart and you will see why.We will have some big moves in the future without notice. Anyone else out there ever tried to be cute and time a 10 bagger on the way up. It can backfire. The minute you try to scalp, bamm, MM ends up being the one to benefit while you are left with your pants down short on inventory. I will not take that risk. The true risk here is being without OPK, not with it. Bottom line is that as painful as this was to watch today for us dedicated longs, at the end of the day, I can say we are truly blessed and will be rewarded. This makes a pretty chart look even better.

    Sentiment: Strong Buy

    This topic is deleted.
16.25-0.02(-0.12%)Jul 2 4:03 PMEDT