OPK simply in a period of consolidation after a huge rise from $4 to $7
OPK has daily moves of .04 or .06 cents. This is trivial compared to the $3 or 50% move we have had over the past 3 months. We will consolidate in this area for the short term, until we get news or buyers to launch us into our next leg up.. which could come any day. We are sitting on a gold mine, in my humble opinion.
Slim you really should get out. Sell and stop doing this to yourself. Not sure the market is for you. Personally you remind of a little kid who panics when something goes off course for a moment. Sit back, relax and stay long. If not, please get out and stop with your crying. It is annoying
This consolidation period drifting us a few cents lower is also on very light volume. This is a positive sign meaning there is no real selling pressure. So once buyers have their next catalyst to buy... we will rally hard. Probably break new highs.
eventually you could be right, but, never ever trust anyone with your hard earned money and convince yourself of merits of things that might not happen the way we expect them to.
I did this once with another drug company and got my #$%$ burnt.These pharma's are probably the most gut wrenching of stocks to hold in your portfolio that's why you don't bet the house on them.