each 4.80 share comes with 1/2 share warrant, so every 2 shares = 3 or 4.80/3 = 3.20
Nice being one of the big fish.
Shelf REGISTRATION was done in FEB. They are now selling shares. price to be determined, hence the recent near daily hype to do an offering at a higher price.
CGIX now down 6% opk down .63%, CGIX down 10X opk, u need some rope, I know you have the tree.
Just felt like throwing some spam out here, figure no one will notice that it is fake news. This is the type trash robo boy loves to repost as fact though, lol. It could have been Frost too, my sources were a little fuzzy on details. They did say with conviction, 250k shares changed hands, can anyone confirm the SOROS MYTH ?
Yes on arry too, thanks for info yesterday on that board. A .25 down move is a big % move on arry, but in fact is only .25. Arry has big moves, if it goes below 5.00 I also add. Tomorrow arry is at a health care conference not sure how it reacts to those. TSRO usually spikes a buck or two, I have noticed a positive impact there. Arry 3 conferences in next 4 weeks, today might be a short term low there, will have to see how it reacts tomorrow and Thur post conference. I hold, will add but not try to time in and out moves on opk or arry.
I had LNG 14-20 and sold at 20, great timing, LNG is now 40 from 14 this year, I suck at timing, and could not pull the trigger in the 21-25 range, pathetic. I make few trades winning on LNG was a good play, too bad I out smarted myself by 20 points.
I will be a buyer of cgix after the next share offering, likely in the 7-8 range.
14% down cgix in two days, hahahahaha, opk down 4% cgix tax loss selling could be massive, down 50% in weeks, hahahahaha. TOO FUNNY.
Look at price history past 3 weeks, We were here, 9's, 3 weeks ago after hitting 12.95, then ran back into high 10's, and melted back to late Oct, early Nov levels. We spiked from a hard 8.00 to 10.00 in one session, in Aug, then back to the 8's for a month. Then 10.00 to 12.95 in a day... 7 did not really 8 ( eat ) 9, but opk certainly skipped it. So if we end the year in this range it is fine, but OPK certainly got ahead of itself. 10-12.95 happens when LONGS fail to deliver, well the weaker players are capitulating figuring I missed 12.95, taking what is left. Spike to 12.95 which was never GOING to hold creates a down trending chart, though the long term pattern is solidly in place, short term, that Squeeze created what the shorts needed. That is part of my manipulation theory, that the big hedge shorts spiked this to 12.95 and doubled down creating the current weakness. I have other theories, lol. This is the one from the day we hit 12.95 unfolding.
Falling knife. Hit 23 bucks, massive tax loss selling should hit 12 any day now. Aegis reiterates buy so secondary crew can get out, pathetic. Opko holding up well in comparison, hoping the bottom is getting set here.
I had used margin for 10 years, and heard tell of margin calls on major pull backs, etc., I felt like, those fools, why are they using so much margin ? They need keep it near 30% like I do never an issue, lol. Well like I said, I learned the hard way. Two lessons learned, margin plus portfolio too heavy in one stock, It was an 8-10 stock portfolio but 50% in one holding, THE one the MARKET took out and shot for no good reason. Was AMTD, it recovered in a couple years, should have never been trashed, but it was shorted into oblivion in days. From about 18 to 6 in a couple days, ouch. So NO MARGIN HERE, EVER again, though I got tempted for .03 seconds this year, lol.
I did not see that but opk is in 24 etfs, with max weight at just over 2% in 1 fund , most it is under 1%. Total etf dollars roughly 87 million.
I have beaten the s@p nearly every year for many years. The couple times I did not, I got thoroughly destroyed. Granted having margin helped me leverage my account and owning AOL early helped my situation. I always KEPT a major cushion, only used, 30%- 50% of my margin, but The market tank in ?? 2000, found my largest holding go from 18 bucks to 6, every other item got cut by no less than a 1/3. So point being, regardless how prudently you use your margin, you can go to bed, wake up, and face a call. So get out of your margin, if semi retired, it has no place in your investment strategy. If it means selling some OPK, do it. If you feel you HAVE to use margin keep it to 10%, even as high as 30% can wipe out a portfolio, I found that out the hard way.
Not only rude, absent minded, Walk has a position here too, in the high 4's, though he never posts, it is only 2k shares so......, but still his input is worth 10K Bryans.
Dam, I am RUDE, THANKS for the Praise. BUT IN FACT it was your money, I just keep it real as best I can.
This is not the place but WALK made a TON on DF, that said, OTEL just exiting BK, it may end up back there in three or so years, I pray he is NOT loaded. I basically begged him to bail, but he is the 10Q master, but not sure he sees the big picture there. Yes the divy was anticipated once financials were below a certain debt covenant, as the WV spin off. WV needs be bought out to be batting 100, lol, we will see. The total time frame on DF was 5 years I believe, everything happened in 3-4, we did well. I am in Arry, but looking at nwbo, no position. NWBO is one To look at, I drag feet, so .........
Like df, opko is not get rich quick, minimum 2016 but 2016 will be a banner year.
HOD you buy the OPEN ? Opko has trended down past few days until popping up at about 10:30, You will do fine it will take a couple weeks. This time keep the shares, sell in 2016-2017 : ).
I listen, it has no impact on my opk position, I do not trade in and out. Hundreds of stocks had a bad day today, we will see where we are late DEC., profit takers, and tax loss selling here works long and short. Still millions of dollars underwater shorts.
Next 3 weeks three health care conferences might give the sector a little pop.