yes, i still have all of my holding, it will take a move above double digit to get me to part with any, while my one year estimate is below Brean I do share their enthusiasm at least for another quarter. I would double up but trying to cut down on margin and too many other capital requirements right now as I am building a road for a housing development right now and then building more rental houses. I like OPL also but wont part with any of my HZNP or GILD also still have a large holding in
bbep upside down but collecting a nice distribution that I will hold to upper teens. Just no additional cash or I would double on PTX.
thank you for keeping us up on the option plays of this investor, I do believe it is significant. This is the fourth time I think that the individual has placed this type of large play and the first three were profitable. I find it very interesting and wonder who it is . Unfortunately options do not fall under the same reporting requirements of stocks.
yes i was aware of that also and while it is quite exciting, I was just trying to figure how much of OPK share price could be accounted for by their stock portfolio's current value. I do appreciate your additional information which is accurate as it gives indication of how these companies can be easily merged into OPK due to the fact of the high percentage of co ownership. I would add that most of these companies are very small caps with market caps under 100M. and therefore startups but Dr Frost does seem to have great knowledge and expertise in picking companies that are on the cutting edge and have intelligent researchers. I am a johnny (pun intended) come lately as I entered this originally strictly as an arbitrage but after getting that position on currently own 8800 shares of OPK because after doing DD I have found it to be a very exciting company with a lot of potential and the deeper I dig the more I like it. I have a huge position in HZNP and
gILD currently that are long term otherwise I would own more. I do plan on adding more as time goes by however. I believe this will be profitable by 2016Q2 at the latest
it is obvious you read my earlier post but do you know the ownership of each, so far i have found they own 15 million shares mabvax, 8% cocrystal, 6% neovasc, and 30% of levon. totalling about 30 cents per share of OPK current market prices. AMY CORRECTIONS OR ADDITIONS WOULD BE WELCOME
I have contacted IR about the investments in over 10 companies and I am waiting back on thier ownership in stock share numbers so far i have found that on four of them Cocrystal, mabvax, neovasc, and levon that they have about 30 cents in value per share of OPK in those stocks. still waiting to hear on the rest of them as I could not locate easily the share ownership in ARno, chromadex, pharmasy, rxi pharma, sevron, zebra bio etc When I was doing the DD above I ran into this and it became of interest to me on how much if they cashed in all their stock holdings were worth since this is becoming a stock holding company as well as a viable entity on its own. So when people talk of high price they really need to take out portfolio value when looking at revenue etc. imo If they respond I will report back
in checking out drmiami because he has been known to misread, he is correct on this one and that they purchased most of it at 75 cents and the rest at 1.50 so they are quite profitable on this one also, but more important to me was all the other information on purchases that I pulled up They have quite a portfolio of stock in various companys that has exploded in value. It would be interesting to have a complete total and current value and how much of that makes up the price of this stock. I may have to do a lot more due diligence and add it up
at this point rev growth is important and what is coming in pipeline rather than a rev miss, good guidance and upbeat news on 4K will make this go up. I was impressed to see that all analysts feel merger goes down and closes next quarter.
looks like all 3 analysts are figuring the merger happens end of 3rd quarter as 4th q is 280M revs
with the rebalancing and the change from one index to another several stocks had big volume and they are trading to theirself from one index to another. this will have no affect on the stock at all mostly a bookkeeping situation IMO
think about your comments, if the tankers are being used for storage how can they increase produciton, where would they put it?? Do you think they would build huge storage capacity for something they cant sell or ship? I think it more than likely is rhetoric at this point. That doesnt mean I think oil will go up very soon. but increasing production is not something that is currently happening. They plan on increasing as we decrease but world wide production is dropping currently and will continue to do so for several yrs.
the most activity seems to be in the month of dec this year. large movement of contracts at all levels. Is that what you are seeing also.
i think it will easily by dec 2016 but in order to do so by dec this year it will need to start showing a decent profit and more potential profit by 3rd quarter report. While this is not out of the realm it is quite a leap which I feel wont happen til mid 2016. The 4k deal is ramping up well with start in july this will give a lot of progress to reaching that goal 3rd quarter especially with the salesforce of BRLI pushing it prior to merger. and OPK picking up some of the costs thereof or paying a fee fpr them doing so. This has already from what I hear been worked out that they will begin selling 4k in july, so Dr Frost is actively pursuing that goal. I am still expecting end of 1st or 2nd quarter of 2016 but all BRLI stockholders wont start their long term holding period until closing so they wont be eager to sell til 2017
the arbitrage spread has not shrunk. That is amazing to me. the arb just got better imo to do now than earlier. I put on more brli $35 calls today and sold more opk 14 calls. This is going to be a sweet deal and holding long brli calls without corresponding opk calls sold I am getting to really love this stock although not as rabid as some of the real long time bulls but i may get there.
wont happen, if you ever looked at your hospitlal or ins payment you would realize that they wont get 400 from insurance companies. the high figure is to negotiate from. I can remember a hospital visit I had 8 yrs ago and it was negotiated down by ins to 32 cents on dollar and it hasnt gotten any better for the medical providers. direct purchases will be the most expensive IMO unless you take off the insurance premium not paid. also discounts are not figured for medicare or medicaid. which will be a lot of this testing.