Coal is being killed by natural gas. The president had nothing to do with it. Natural gas is cheap, clean, and plentiful in our country. Using natural gas has had a tremendous positive effect on our air quality in the NE, and that is extending lives and saving billions in medical costs. I remember when I was a kid and we had a coal furnace and coal bin in our basement. Besides the basement catching fire once, the soot and smoke from the furnace/bin were filthy and unhealthy. Natural gas will make us energy independent unlike the Keystone pipeline that will only supply China, and holds the potential for an extremely toxic spill. Spills involving this kind of toxic crude have been known to totally contaminate the water supply in the areas that have been involved. Luckily, the spills have been "minor" and have only affected a few communities so far. I enjoy getting gas now and paying $2.30 a gallon. You, on the other hand, must have mixed emotions because President O. must get some of the credit.
Frank, your post is kinda of cryptic. Did you take Lunesta and not get enough sleep? Tough to rag on the Prez when oil is in the $50's and gas is sinking every day. You tea party geezers blamed the Prez for the high oil and gas prices during the last election. I guess he deserves the credit now that prices are at multi-year lows. The Keystone Pipeline looks pretty lame now also. Very few permanent jobs were going to be created, and the pipeline was going to transport the most toxic form of crude oil which wasn't going to be used in the US. It was destined for China. With employment rising, unemployment dropping, interest rates stable, and the stock market at all time highs, the Prez is looking good. I believe a recent report came out and said that the current Congress was the most ineffective on record. The number of bills passed was pathetic. Throw in mistakes by rookies like Cruz, and you guys must be swallowing hard with the performance of your "heroes."
Pope Francis reportedly had a hand in brokering this agreement. Pretty tough for Catholics to go against the Pope; especially one so popular and respected as Pope Francis. 50 years of isolation have done nothing to improve relations. Closer ties with Cuba will also weaken or eliminate the Russian influence. Didn't Putin recently talk about using Cuba as a threat to our country. I know Putin was a folk hero to the tea partiers on this board, but the egomaniac looks pretty pathetic now with the sanctions and drop in oil price bringing Russia's currency and economy to its knees. Wouldn't be surprised to see him overthrown in the not too distant future.
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!