According to my urologist, tests that reduce the need for biopsies are the future of prostate care. He seemed very interested in OPK and intended to review their clinical data for its 4k score. He seemed very interested in investing in the company if their data is as good as OPK has said. I think the problem for OPK right now is getting the word out and expanding its sales force. Both my doctor and I agreed that most patients would rather take a blood test than have a biopsy if the results are just as good. Insurance companies would love it also. If a doctor who is a specialist in this area sees the potential of OPK's 4k score, it makes me wonder what the shorts are thinking. OH, well, we place our bets and play our hands.
One large investor was reportedly quoted as saying don't bet against Dr. Frost. I believe the article said that Frost would be stepping down as chairman of Teva. Interesting that Frost would be doing that now. My take is that he wants to concentrate on OPK. He also might be thinking of selling OPK in whole or part to TEVA down the road, and he might be wanting to put a little distance between the two companies in order to avoid a conflict of interest. We shall see!
I talked to my urologist who has won all kinds of awards and belongs to a very large urological group. We discussed OPK's 4K Score test. The doctor said that such tests are the future of prostate care and treatments. He predicted that if OPK's test is as accurate as they claim, it should become a very valuable tool in patient care as well as reducing the costs associated with preforming unnecessary biopsies and false positives. The doctor was very interested and planned on researching OPK's clinical data to see if his practice could take advantage of the test.
Paul Mulshine, a conservative reporter from NJ, says Christie may need amnesty for a quote he made as a US attorney for New Jersey. Mulshine quotes him as saying, "Being in this country without proper documentation is not a crime" - Chris Christie. The Star-Ledger also reports that NJ is the second richest state in the country, but it has the second lowest bond rating, and Fitch Ratings warns that NJ's credit rating is likely to drop again unless Christie can stabilize the ship of state.
last Friday. I imagine he is buying big early this week because of Thanksgiving. I wonder how he stages his buys. Since he seems to buy just about every day, it would seem that he is really focused on his purchases. I love it when someone like Frost puts his own wealth on the line.
Democrats and Republicans alike are great at second guessing after the #$%$ hits the fan. However, I have seen many friends and acquaintances benefit by being able to get affordable healthcare with pre-existing conditions. In one case, a friend's daughter with cystic fibrosis was able to get a lung transplant, and she had insurance because she was able to stay on her parents' plan until 26 years of age. In another sad case, a young man who just left his parents' plan and chose not to get healthcare was hit with a rare kidney disease. He is on dialysis and needs a kidney transplant. Ironically, his dad is very conservative and he was against the affordable healthcare bill. I guess he and his son, who was never sick in a day, figured they were immune from serious illness. Luckily, the dad has some bucks, so I guess a few 100K will be doable.
You are right, plus CTIX has to be very attractive to large pharmas looking for a promising acquisition.
If TTPH is in play, it makes sense to me that CTIX may be also. We shall see. There is also a lot of good news likely to come out this Dec. so there are too good reasons to own CTIX.
Gotta luv the guy.
The guy is putting his fortune on this baby, and I am taking the ride with him.
as of 11/20/14. I don't think he has done any selling.
You short are really grasping at straws.
You would hope so, but the tea party old baggers won't even believe the findings of their own party.
It debunks all its own parties "nutty" Benghazi theories and clears the Obama Adm. of any wrongdoing. It took two years to reach the conclusion that was apparent about 18 months ago. Being the stand up guys that the GOP house members are, they quietly released the report on the Friday afternoon before Thanksgiving. I doubt that they will make the TV circuit tomorrow to explain their findings. Oh, for those of you who are Christie fans, this week's Barrons listed NJ as 49th in its financial condition. The man talks big, but has done very little to improve conditions in NJ. I do hope he runs though because he should liven up the GOP primaries. Maybe he will tell Gingrich to sit down and shut up!
Frost has apparently been buying 100's of thousands of shares each week. He already owns a large chunk of the company outright or indirectly. OPK has a pipeline and businesses that contain significant or potential value. Frost is in a position to partner, sell, license, etc. drugs, etc. at any time. He has great connections in the pharma industry, and he has a proven record of building and selling bio-tech for substantial profits. His billionaire status is testament to what potential he brings to OPK and its future prospects. Why anyone would want to short OPK at $8 a share is a mystery to me, especially when the stock has shown significant support in the $8 range.