This board has become very difficult to read....With all the robo posting and rubbish short postings, it has made it very difficult to find and type of accurate information.
I posted last June I was 100% invested in OPK...Meaning ALL of my available cash and assets are LONG OPK.
I make my living in the market and deal with sophisticated investors on a daily basis...This includes both long and short investors...I want to make a couple of points about OPK that the paid short bashers on this board account for or acknowledge.
First, shorting can be a very profitable way to trade...Very dangerous but profitable..
There are a couple of rules that I have for shorting a stock....First it must carry a high debt load...Even if the company has huge potential, carrying big debt is like a back up plan for bringing the company down...Second, cash needs to be a potential problem....Companies short on cash carrying a big debt service usually can't hold on to realize the potential they may or may not have...Finally, weak management....This is almost always is the killer...Weak management that doesn't have access to the cash it may need to support it's stock, or service the debt as the interest on their corporate bonds continues to rise.
Now, you look at OPK....NO debt to speak of....Lot's of cash on hand....Huge potential...And finally a CEO that is perhaps the most renowned investor in the bio-pharma arena the world has ever seen....Let's not forget the insider buying, which in my opinion, is unlike anything ever seen before!
Dr. Frost and his friends have enough cash to crush anyone to decides to short...Add it all up and shorting THIS particular stock doesn't make sense....Not only does it not make sense, it is a mathematical certainty that they cannot win.
So Bryan and the rest of the shorts....Keep at it....And the true investors will continue to see HUGE profits!
The more you post....The more convinced I become you are not a real trader / investor....This time last year OPK traded for $4.34 and you talked about your short position....Now it is over $10 and you continue to bash....Over 100% in a year.....Why in the world is it not great to be long OPK?
The longer you post the more I realize there is NO WAY you are an actual investor / trader...This time last year OPK was trading for $4.34 right now over $10....What could possibly be wrong with being long OPK?
Word on the street is $30 plus...Frost makes a ton and provides TEVA the growth prospects desperatley needed.
there is NO WAY you are a REAL investor....OPKO has done nothing but go UP...It started the year just under $5 and now has doubled!!!
How can any sane person bash a stock that has doubled in a year?
...you said that about 6.50...7.50....8.50...9.50 lol
Bryan just wondering if you realize you are LOSING money in your trade, while the LONGS have HUGE gains!!!!
Bryan you are funny...It's crystal clear you have never really had any money in this...You're a paid basher and everyone knows it!
sert...love it!!! and congrats to my fellow 100%'ers!!
Von...You really need to find a new sector to invest in...The bio-pharma has NEVER been evaluated by the financials...Potential and the pipeline are are much better indicators of future sales and that is where the valuation comes from...Personally, looking at the pipeline OPK is still drastically undervalued.
Afterall, you are looking at a company with a lot of cash...Very little debt and insider buying that has never been seen before....If you can't put the pieces from that puzzle, investing in the stock market is probably not for you!