He is more of a moderate like Christie, and he is much more of a gentleman. Christie's strength was supposedly his ability to carry some of the NE, but that is no longer true after Bridgegate and NJ's credit downgrades and poor economy. Christie also hurt his image in neighboring PA when he hung out in the Dallas Cowboys owner's box and rooted against the Eagles in last Sunday's game. The latest polls show Christie third at best. Cruz is a disaster, and he might hurt the Republicans if he brings his horse and pony show to the primaries. Harry Reid just ate his lunch in the Senate this past week, and all the GOP knows it except for Cruz.
I believe Cramer has said he has a lot of respect for Frost. I wouldn't be surprised to see him cover OPK's positive news. Maybe Frost will appear on the show if he can take a few minutes away from buying more shares.
I expect Barron's to cover the PFE/OPK deal in this coming week's edition, especially since there was such a large short position. With limited trading next week, this good news could really move OPK to the upside. Next Monday should be interesting.
Expect him to start buying big today unless there is more news coming out. You never know.
Make the shorts claw over each other to cover.
I have a feeling that they will market it themselves, and then make it the gem to sell the whole company.
Don't make it easy for them to cover. Actually, we have been warning them all along that this would happen!
I hope your stock analysis is better than your assessment of the motivations and status of someone who shorts stocks.
OPK has a lot of support at these levels. That's why I don't see a lot of promise for shorts. OPK is just waiting for some good news, and the stock will pop.
I have a feeling that they will be selling in the $4 range. Usually dilution requires a discount, Now if the stock continues to move up, your prediction might be possible. However, I believe there is strong resistance at the $4.75 to $5 level. With everyone knowing the company will need cash, I don't think the stock will move up much higher until the matter is resolved. Good luck!
There was no need to use force in this case. Garner could have been issued a summons and ordered to appear in court. He probably would have had to pay a minor fine. The police officer who put him in a choke hold violated his department's guidelines and training, and his actions caused the death of Garner. If that doesn't result in some punishment, then it is easy to see how minorities feel that they don't get a fair shake. If 8 black cops did that to a white guy selling cigarettes, I am sure the outcry would be much greater. The city of NY will end up paying millions to police the demonstrations, and I expect they will have to pay out millions in a civil suit. Since the entire situation was recorded, if no punishment is given, the idea of having police cams is a total waste of
time. Interestingly enough, most of the demonstrations I have viewed on the news have been comprised of many white people.
The Garner case has many serious issues. First, Garner was involved in a very minor crime. Selling individual cigarettes without collecting sales tax is hardly a big deal and posed no threat to the community. Garner offered no resistance; raising his arms as he asked not to be arrested. Garner was wrestled to the ground by a host of white police officers, with one employing a police department outlawed choke hold. Garner said he couldn't breath as he was choked and pinned to the ground with one particularly large officer apparently kneeling on him. The EMTs reportedly were very slow to administer aid, and apparently ignored or missed Garner's life threatening condition. The prosecutor in the grand jury presentation only went for the most serious charges. I don't think any sensible, fair minded individual thinks that the police deliberately wanted to kill Garner. However, their negligence and use of a banned choke hold caused Garner's death. They certainly should have been indicted had lesser charges been included in the grand jury indictment. I consider myself a moderate, but I have many conservative friends and family members. Most are very troubled by the lack of a indictment. Since the whole episode is recorded on video, there is no question to the facts. It would have been nice if the Staten Island grand jury had allowed the incident to go to trial. Now the federal government will have to step in, and I fully expect a different result.