Frost Buy

Gosh I remember the days when news like this used to not only be exciting, but provide hope for the future, and a sleep-at night kind of comfort that the CEO was indeed demonstrating the he was aligned with shareholders, acting in their 'best interests.' One big happy family focused on growth and, eventually, profits.

We are so very far from those days now. The damage has been so widespread and deep that Opko has been turned into an equity version of Chernobyl, by the guy who built the reactor. However, this meltdown didn't last for just a month or two. Rather, the disasters have been continuous, and the radioactive fallout hasn't stopped for 9 years.

Shame on you Phil Frost. 

Some might be harboring some WS "wisdom" about "dollar cost averaging" Just a guess. However, he bought more at an average of .9323 yesterday, 600K vs 500K today. And the low today was .9105. Seems not too shrewd. Well, whatever. Maybe he's saving up his big guns for highskier's prognostication of a return to 0.85.