Opko chairman and CEO buys 571,800 shares

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Bobby Raines 02/06/2014

Opko Health ( OPK ) chairman and CEO Phillip Frost has continued buying his company's shares so far in February. Already this month, Frost has purchased a total of 571,800 shares at a total cost of $4,325,976.

IK-> The technicals for OPK ($7.62 up$0. 3) are bearish with a downward trend. Recent support has been around $7.58 and recent resistance has been around $8.15. Standard & Poor's does not follow the stock. Look at the June 4/6 bull-put spread for a 25-cent credit. That's a 14.29% return and the stock has to fall 21.3% 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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