Frost buy

jgm Full Member https://s23.q4cdn.com/937095816/files/doc_presentations/2023/Jun/06/cdxc-investor-presentation_june- Posts: 249 OPKO Investment: Long Sentiment: Bullish Recommendation: Buy Mar 1, 2018 1:18:45 GMT	Frost buy Mar 18, 2024 23:57:58 GMT via mobile tops5811 likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by jgm on Mar 18, 2024 23:57:58 GMT stocktwits.com/CEOBuysDisclosures/message/566334087

lookingforatenbagger
Eternal

Posts: 3,530

OPKO Investment: Long
Sentiment: Neutral
Recommendation: Buy

Frost buy Mar 19, 2024 14:20:29 GMT

Quote

Post by lookingforatenbagger on Mar 19, 2024 14:20:29 GMT

Mar 18, 2024 23:57:58 GMT jgm said:

stocktwits.com/CEOBuysDisclosures/message/566334087

A touch over $7M this year, for Dr. Frost 1% of the outstanding and 2% of the float. a tad over $1M for the rest.
2024 Insider Trades
Insider............................Purchase Date.....Shares.......Average Price
FROST PHILLIP MD ET AL......03/18/2024….500,000.........$0.87
FROST PHILLIP MD ET AL......03/13/2024….500,000.........$0.93
FROST PHILLIP MD ET AL......03/12/2024….600,000.........$0.93
FROST PHILLIP MD ET AL......02/28/2024….500,000.........$0.99
FROST PHILLIP MD ET AL......01/18/2024..1,000,000........$0.99
KRASNO RICHARD ………........01/29/2024…..30,000.........$0.99
FROST PHILLIP MD ET AL......01/19/2024….500,000.........$0.98
FROST PHILLIP MD ET AL......01/18/2024….400,000.........$0.97
HSIAO JANE………………...........01/17/2024.....150,000........$0.95
FROST PHILLIP MD ET AL......01/16/2024..1,000,000.........$0.95
FROST PHILLIP MD ET AL......01/11/2024…..511,531.........$0.94
NABEL, GARY.......................01/08/2023.....216,184.........$0.92
PFENNIGER RICHARD...........01/05/2023.......25,000.........$0.93
RUBIN STEVEN…………….........01/05/2024.......10,000.........$0.87
PAGANELLA JOHN…………........01/05/2024......25,000.........$0.88
ZERHOUNI ELIAS……………......01/05/2024....550,300..........$0.87
FROST PHILLIP MD ET AL......01/05/2024...1,500,000.........$0.90
HSIAO JANE………………...........01/05/2024.....150,010.........$0.87

Dr. Frost owns/controls 241.5M shares (34.6%). Last Bought on 03/18/24
Gary Nabel owns/controls 40.2M shares (5.8%). Last Bought on 1/8/24
Elias Zerhouni owns/controls 40.1M shares (5.7%. Last Bought on 1/5/24
Jan Hsiao owns/controls 28M shares (4.0%). Last Bought on 1/17/24
Total as of 3/18/24 =350M/697M =50.2%

Last Edit: Mar 19, 2024 14:35:02 GMT by lookingforatenbagger

Brandolini's Law: The amount of energy needed to refute bullshit is an order of magnitude bigger than that needed to produce it.

luxetvox
Legendary

Posts: 1,458

Frost buy Mar 19, 2024 15:01:47 GMT sgard434, investobefree22, and 1 more like this

Quote

Post by luxetvox on Mar 19, 2024 15:01:47 GMT

Jan 22, 2016 18:48:03 GMT lookingforatenbagger said:

Dr. Frost owns/controls 241.5M shares (34.6%). Last Bought on 03/18/24
Gary Nabel owns/controls 40.2M shares (5.8%). Last Bought on 1/8/24
Elias Zerhouni owns/controls 40.1M shares (5.7%. Last Bought on 1/5/24
Jan Hsiao owns/controls 28M shares (4.0%). Last Bought on 1/17/24
Total as of 3/18/24 =350M/697M =50.2%

Yeah, and?

Or is this like your posting that the Pharma business had 41mm in profit in 2023....namely, an insinuation of something. The Annual Report plainly states that a huge portion of the revenue of the pharma division last year was in the form of milestones, which are presumably very high margin......we actually don't know the number because Al Capone has told his accountant not to disclose it. So the 'profit' you cite is skewed, very skewed indeed, by one-time non-recurring instances of revenue. These posts, without context, do not lead to any important conclusions. Frost and insiders control more than 50% of the stock; yes, we all can add. So what does that mean, or even imply? One thing we know it means is that non insider shareholders are at the mercy of his poor decision making until something happens to change the leadership picture. The ownership structure isn't likely to change anytime soon. And the stock reflects Frost's reputation and record. So, unless there is a change at the top, we're stuck in a vortex of lower equity prices with the only news being Frost buying stock, instead of acting to grow the business, monetize assets, and right size the cap structure.

If Frost buys 500,000 shares per day over the next 100 trading days, he will have accumulated another 7.2% of the stock. And maybe he will have spent $50-100 million to do it. He'll have even more control. Great. So what. If you can explain how that scenario, or anything he's done in the past 9 years can be described as acting in the best interest of shareholders, I'm all ears.

Last Edit: Mar 19, 2024 15:12:03 GMT by luxetvox

Where Due Diligence meets the Investor Connection

My Notes

Announcements

Recent Threads

Post by jgm on Mar 18, 2024 23:57:58 GMT

Post by lookingforatenbagger on Mar 19, 2024 14:20:29 GMT

Post by luxetvox on Mar 19, 2024 15:01:47 GMT

Chart