Threre is a link on the News section of the Chromadex site to the 25th Annual Roth Conference. I wanted to post the link but I tried twice and was unsuccessful for some reason. If you are interested you can either listen to the conference or read it by hitting the Next button. A lot of the text stuff is company information. Anyway at the end of the text it had the largest shareholders. Dr. Frost owns 16.46% of the company and OPCO (a Frost company) owns another 1.98%. The two combined are by far the largest shareholders of the company with about 18 million shares. I was talking to my broker and he wondered if a company called MSLP Muscle Pharm a company that Frost just bought into and which the stock jumped overnight, might be a good fit with Chromadex. Nothing to back this up, we were just talking but Frost is buying companies in what looked to me like he was executing a plan. That he has a goal in mind that he is working towards. His history would indicate this. I don't have a private line to Frost and neither does anyone else so we are all safe to guess about what it going on. But the MSLP/Chromadex idea was interesting. I am long on OPKO.
Well mr wagner, you are starting to catch on. No, there will be no merger of companies. As you can see, each of these companies is carefully designed to buy each others stock and issue loans at exorbitant interest rates, all payable to the good Dr. Operating losses are for IRS reporting purposes. You don't think billionaires throw away cash, do you?
OPKO has the starring role, but the supporting cast is key to what makes it work.
If you want to make money, you have to be opportunistic and take advantage of certain events that MUST occur every year to keep the game moving.
Keep studying, but approach it more from the hidden values in the balance sheets. It is a lot of reading, and following the maze, but it is easy money once you have i figured out.
For instance, now is a bad time to be invested in CDXC or OPK.
LTS has been a disaster for the small investor and is only for insiders and tax dumping. While PGLC has literally been a gold mine.
The best thing is Frost's public portfolio is less than 20 stocks, so it is easier to follow. But he has been inceasingly structuring deals outside the U.S. and a sudden switch could catch you off guard.
All roads lead to OPK and LTS, but they are not the only way to play it.
At the end of the day, I hope you have most of your money in more traditional investments. But for quick cash for weekend getaway, a new PC or updates to your house, it doesn't get better than this.
If you want some good tips from time to time, look up drangles. He has amazing picks and is quite rational.
When I bought OPKO I didn't know anything about Frost. It was my broker who gave me the scoop. It's too long a story for this morning but I had become pretty educated about certain areas of the medical field from having taken care of two sick parents for almost ten years. Alzheimers and Cancer. My reason for getting into OPKO was I could see what the the company was doing with its little blood testing machine. To me it was as plane as day. I was in and out of doctors offices and hospitals all the time and a "machine" that could take blood and get the results at any location rather than just at a blood center or hospital was, to me, a game changer. My investment in OPKO continues to grow because I really believe in the technology and secondly the owner ship. As soon as I bought it the share price dropped ( of course) and I have sat on it since then waiting. About six weeks ago it started to climb. I was making on average $1,000 per day over a 30 day period. I had to get back up to par which took some doing but am about $11,000 ahead at this point. For me OPKO, the company and its technology appear sound so I'll stick with it. But I am reading what your saying and it has sound advice. Thanks.