Frost keeps up recent trend of purchases in Opko Health


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Frost keeps up recent trend of purchases in Opko Health

Bobby Raines 11/19/2013

Phillip Frost, the chairman and CEO of Opko Health ( OPK ) has continued his purchases of the company's stock in November. Since the first of the month, Frost has purchased 209,600 shares, paying a total of $2,115,383.

IK-> The technicals for OPK ($9.52 down $0.08) are bullish with a downward trend. Recent support has been around $9.40 and recent resistance has been around $10.30. Standard & Poor's does not follow the stock. Look at the Jan. 6/8 bull-put spread for a 20-cent credit. That's an 11.11% return and the stock has to rise 16.0% 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.

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This article appears in: Investing , Options

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