Frost keeps buying Opko shares

By Bobby Raines,

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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 Nasdaq, Inc.

Originally published on

This article appears in: Investing Options
Referenced Stocks: OPK

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