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Opko CEO Frost adds more than $1 million in shares in May

By: InvestorsObserver
Posted: 5/8/2014 1:13:00 PM
Referenced Stocks: OPK

Bobby Raines 05/08/2014

Phillip Frost, the chairman and CEO of Opko Health ( OPK ) has continued buying shares of the company's common stock recently. So far in May, Frost has spent $1,105,537 to purchase 133,900 shares of the company's stock.

IK-> The technicals for OPK ($8.17 down $0.05) are bearish with a neutral upward trend. Recent support has been around 8.05 and recent resistance has been near $8.38. Standard & Poor's does not follow the stock. Look at the Sept. 5/7 bull-put spread for a 30-cent credit. That's a 17.6% return and the stock has to fall 14.3% to cause a problem.  [InvestorsKeyhole, Various news and data services]