“Hey Rick,
I don’t know nearly as much about insider trading as you do but I have noticed that Phillip Frost CEO of OPK seems to be extremely bullish on his stocks prospects based on his insider buying. I figured I would just pass it along to you and see what you think.”
Yes the ceo has been buying up the stock for quite awhile. There are no earnings in the company but they have 0 debt. Volume seems reasonable at 800,000 shares a day on average. The Cfo has only bought 1000 shares this year…so not much of an indicator there. Below is the key stats on the company relative to the industry they are in.
| Price/Earnings TTM | — | 19.7 | ||||||
| Price/Book | 8.3 | 2.8 | ||||||
| Price/Sales TTM | 24.6 | 2.6 | ||||||
| Rev Growth (3 Yr Avg) | 251.8 | 7.4 | ||||||
| EPS Growth (3 Yr Avg) | — | 24.4 | ||||||
| Operating Margin % TTM | -48.5 | 21.1 | ||||||
| Net Margin % TTM | -60.0 | 13.4 | ||||||
| ROE TTM | -25.1 | 15.3 | ||||||
| Debt/Equity | 0.0 | 0.5 |
Looks very speculative to me.
RickJ
