Frost keeps buying Opko shares

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Bobby Raines 12/31/2013

Phillip Frost, the Chairman and CEO of Opko Health ( OPK ) , has been buying the company's shares again recently. Since Dec. 11, Frost has bought 461,900 shares at a total cost of $4,146,446.

IK-> The technicals for OPK ($8.45 down $0.02) are bullish with a neutral trend. Recent support has been around $8.37 and recent resistance has been around $9.04. Standard & Poor's does not follow the stock. Look at the March 4/7 bull-put spread for a 30-cent credit. That's a 11.11% return and the stock has to fall 17.2% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: OPK

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