Just read where Russian businessmen and others are becoming increasingly nervous that the sanctions are beginning to isolate Russia from the EU and the rest of the world. The knocking down of the Malaysian plane appears to have put a dent in Putin's strategy. Reportedly opposition voices are beginning to be heard in the local media which is highly unusual for Russia especially under Putin. I know of few of you guys are Putin fans, but like most other egotistical maniacs, he will end up having to back down or bring Russia to the edge of financial ruin.
The good doctor just keeps buying thousands of shares on a very regular basis no matter what the price. Pretty soon the available float will start to shrink. Frost is in control. All he has to do is announce that OPK is considering strategic options and this stock will jump into double digits. Can't see why someone would short with that hanging over their head, but hey some people are easily parted from their money. IMHO.
Just read where all the tea party talk about putting the president on trial is bringing in millions to the Democratic fund raising. In fact, House leaders are trying to play the talk of impeachment down because they know it is only designed to appeal to the tea party wackos who are a dying breed, and they know it is galvanizing all the groups (everyone except white senior citizen males) who they have offended. Also just read a report that American personal debt is growing especially in southern and western (red) states. Many of the major cities in Texas have 50% or more of their populations facing major debt issues. Wonder how many of them are on or heading to public assistance.
Cemp is one you and I both agree on. I hope they have some good news to present at the conference call. OPK is also looking good. Dr. Frost bought another 36,000 shares last Friday. With the large short position in OPK, Dr. Frost could bring them to their knees if he said OPK was going to pursue its strategic options. Although I would love that, I get the feeling he will take things slow and steady. A relative of mine got to know him when my relative's company bought one of his. He was very impressed with Frost's knowledge and business savvy. I have no trouble buying bio-tech where insiders are buying shares on a weekly basis. Good luck!
reportedly last Friday. You have to love a guy who wants to buy up all the shares no matter the price. Sure sounds like a suicidal stock to short! IMHO.
4Kscore sales should start of slowly until docs get educated. My doc. wasn't aware it was in development early last spring, so OPK has some educating to do. I believe there is also a question of getting ins. approval which seems like a no-brainer because it will save thousands by eliminating unnecessary biopsies. However, if money is not a big concern, I believe most men would opt for the 4K score first before getting a biopsy.
I think the real ruin of our healthcare system is the skyrocketing costs of drugs and treatment. Just read an article about how insurance companies are struggling to pay for treatments like the new HEP C treatment which cost $1k a day. In some cases, the ins. companies are refusing cover the treatment because they just can't afford it. Socialized medicine in the rest of the world sets price controls on drugs and treatments. Those socialized program works very well because they get the US taxpayers and patients to pay for the research costs of these new meds and treatments. Throwing salt into the wound, drug companies are climbing over themselves to set up in foreign countries to avoid paying US taxes. Pretty good deal when you can get the US to pay the bill for medical research and innovation, and yet avoid paying US taxes. Maybe the do nothing reps we have in Congress will put their "thinking caps on" and finally realize we are subsidizing the world's medical costs.
You guys throw terms like communism, socialism, etc. around quite freely and carelessly. If you really were a student of history and knew what the history of those ideologies involved, you would know that the USA is not communistic or socialistic, unless consider the socialistic programs of Medicare and Social Security. Ironically how most of the Tea Partiers have no problems with these programs even though they are the biggest drains on our country's economy. I guess that's because those two programs sustain the Tea Party types who tend to be white, senior citizens; most of whom will collect far more from Social Security than they ever paid in, and will most likely run up $100,000's of medical costs that Medicare will have to pay for. How much did #$%$ Cheney's heart transplant cost? Oh, that's right, it's OK to take care of these groups, but the government should let the other needy groups in our society fend for themselves.
My point is that companies that are running out of cash and have to borrow, dilute, or cut an emergency deal usually are not the best investments. RGDX has products to sell, but they are losing money, so what is the big catalyst to drive them forward? The recent stock price action seems to support my contention that sentiment is negative concerning RGDX's short term prospects. If RGDX has to do a deal or raise money out of necessity, that is not usually a good thing for long term investors. Diluting shares, reverse stock splits, or borrowing money at high interest rates isn't ideal. Sure, CLDX diluted and bounced back quickly. However, CLDX's long term chart looks pretty pathetic if you bought in after CLDX had its run. The difference between the two stocks is that RGDX has approved products, but CLDX's value is in it perceived potential. I don't have a great interest in RGDX, but I will try to catch their CC to see what their strategy is.
At the end of March, RGDX reportedly had $5 million of cash and cash equivalents. I believe they lost a little over three mil the last quarter. Cash could be a problem going forward unless sales have ramped up. Judging by the share price action of late, I get the feeling that this quarter may reveal a definite need for raising money. I guess a collaboration or a sale of the company would be desirable, but diluting shares could cause longs a lot of pain. IMHO.
I imagine the effect of any good news will be exaggerated to the upside with the large (but getting smaller) short position. I don't like to see anyone lose money, but I don't have much sympathy for those who are hoping for a stock to go down, especially bio-techs which hold so much hope for people with various illnesses. Oh well, its a betting game, and we all place our bets and take our chances. My ace in the hole is Dr. Frost who seems to be buying 100,000's of shares on a monthly basis. A relative of mine worked with Dr. Frost years ago, and he told me he is a very astute and knowledgeable person. Makes sense to be long for me as long as he keeps buying. If Dr. Frost just says he is exploring strategic options for OPK, I predict the stock will shoot up dramatically. IMHO.
I imagine the trend is continuing into July based on the stock movement and Frost's continued buying. Don't know why anyone would not cover at this point, but hey, there are always two sides to every stock. Today is a down day, but OPK is more than holding its own. If the reports are true about the drop in short interest, it looks like the smart shorts are covering and heading for safer plays. IMHO.
Frost has been buying thousands of shares a few times every week no matter the price. Little by little, the guy will own the company outright. Every time he buys should make the shorts shudder. All he has to do is announce that he is seeking strategic options for OPK, and he would toast shorts.
You have to love this guy. But then, he knows what is going on, so buying when you know the investment is good is a no brainer!
Actually, I have never seen such an avid short group on a message board. Their sentiments don't seem to affect OPK's stock price as it is strong on good volume on a blah day. If OPK has some positive comments at its upcoming conference call, all this short pressure should really propel the stock much higher. Might be time for shorts to pull their thumbs out of their mouths and cover. Pretty soon the short float will have to cover as Dr. Frost relentlessly continues to buy up hundreds of thousands of shares on a regular basis. IMHO.
Today's newspaper just reported that intelligence officials said that our government offered to help deal with ISIS before they gained their foothold, but Iraq said they could handle it themselves. Bush went into Iraq on his nation building expedition. The only problem is that sometimes you prop up governments that don't care that you spent billions of dollars and countless lives fighting for their freedom. Even though Frank and others believe we can just inflict our will on other nations, it doesn't work that way. They way I see it is let the Iraqis fend for themselves. If they value their freedom, they should fight like heck to preserve it. If they aren't willing to do that, I will never support keeping our young men and women and our tax dollars there because a country of wimpy cowards will never survive.
I agree with your assessment of CEMP. I hold a decent chunk though the stock got hit with the recent biotech pullback. If Solithromycin is as good as they say, CEMP should do very well upon approval.
I think the faint of heart are getting nervous with all of Frost's purchases and coming news. OPK has survived the biotech blood bath, so that tells me that there is a lot of support in place. OPK has a lot of irons in the fire, so the possibility of positive news increases with every passing day. The biotech analyst on CNBC yesterday seemed to think OPK was a biotech worth mentioning. IMHO.
I am not qualified to comment on the validity of the science of each of the companies, but NWBO's one year chart sure looks nicer than CLDX's. That could change dramatically for better or worse with one press release though. Just the nature of biotech!