You must be relatively new at this casino. Here's an idea:
Google that company name Springfield Global Funds in Stamford, CT.
PT Barnum rides again. Lol.
8:35 am Opko Health enters into an agreement to acquire Laboratorio Arama de Uruguay; financial terms not disclosed (OPK) : Co entered into an agreement to acquire Laboratorio Arama de Uruguay Limitada. Domiciled in Montevideo, Uruguay, Arama will add to our growing South American presence in the important Mercosur economic region while further complementing our business activities in Chile, Mexico and Brazil. The transaction is expected to close in January 2014. This purchase is consistent with OPKO's strategy of acquiring small, growing pharmaceutical companies which provide a platform to commercialize existing and future OPKO products while enhancing commercial synergies among our various units.
Frost bought 156K on 12/13/13 averaging 8.74 on the open market.
He also exercised options for another 1,987,500 shares.
That's 278.5K open market buys for Dec so far, and 1,987,500 by options exercise.
NY is as good as Miami. Are we thinking Frost has only one thing on his agenda at any given time? IMO, that would be narrow thinking. Maybe he has other fish to fry in NY.
OPKO To Hold Investor Conference
OPKO Health, Inc. (NYSE: OPK) issued the following statement in response to inquiries about a report issued by Lakewood Capital Management challenging the potential of OPKO’s pipeline and business and investment initiatives:
We are aware of the report, which we believe is based on distorted and inaccurate information. We continue to believe in our unique business strategy and in the importance of OPKO’s therapeutic and diagnostic product candidates. We are fully committed to developing and commercializing our products and we look forward to updating investors in a timely manner.
OPKO will host an investor conference on Tuesday morning, December 17, 2013 in New York City. The presentation will also be available by webcast. Details for the presentation will be provided in a later release
"While they argue he has only about $220,000,000 invested and this is nothing to the doctor"
Well, their research is about as shabby as their argument. Frost has invested $135,277,245.12 in open market buys of OPK stock alone. This ignores the several infusions of cash for stock which ran to $20M or so each. This ignores the several private purchases he made from various parties which were well under the then current market and each numbering several hundred thousand shares. And this ignores the 9M plus shares he bought of Prolor. It also ignores his interest in the 15M plus shares held by the Frost Group. Finally, it is not a static figure and he continues to buy on the open market.
Frost's holdings in OPK, at current market price, amounts to well over a billion dollars. A billion dollars is a lot of money........even to a billionaire.
Actually, if you google stocks automatic execution order and check the Wiki entry, it makes some sense. Hard to imagine, but apparently there are buyers who are actually buying 2 shares of OPK. Bless their souls.
It's a plus nonetheless just as it is a plus when a sell-side anal-yeast says buy. Only rubes are unaware that means sell (which is what the trading desk is doing). And a sell rec from a sell-side anal-yeast means buy (which is what the trading desk is doing).
OHH, BUT, Iceman, you know there is this "Chinese Wall" rule that separates the anal-yeast house from the trading house!
Yah. Lots of laws, lots of indictments, lots of lawyers, lots of judges, lots of fines, and lots of prisons.
Gee, could it be that rules and laws only "deter" those who don't need them in the first place?
Must be why there are two different words for different things.
Kinda like thinking and speaking are two different things. Seems there's much more of the latter than the former around these boards.
I.m not short. Just reporting what my time and sales shows. Regardless of the number of shares, how does somebody trade at 7.15 when the ask is under 6? And why? It was just some jerk posting an out of sequence pair of trades.
Bottom line is..........did it change anything? No, it did not. ask is still under 6.
That was flagged as "Extended Hours Trade - Sold Out of Sequence"
It was 2100 shares (1,800 and 300)