Laidlaw's take on BRL sale from Uncle's Discord

I shared this with Bill last week. Did not post here.

And I had a fairly lengthy conversation with Yale earlier this afternoon. Nice man, difficult to understand. Other than his confirming that he was told about an auction process, I didn't learn much else. There is still much work to be done at Opko. bill and I are jawboning the hell out of management.

....cause I sent it to him 

As an example, today my firm put out a 50% PT increase on a pre-revenue biotech. I don't want to mention the name but here's some info....$250mm mkt cap, entire BOD are either MD or Ph.D, or both, with LOTS of public company experience. 52 million shares outstanding, among top 10 holders are SEVEN Healthcare focused funds. 

What a "Mean Mr. Mustard" you are.

I'm reminded of the exchange between Ty Webb and Judge Smails in Caddyshack:

Judge: "...and I'm no slouch, myself."
Ty: "Don't sell yourself short, Judge. You're a tremendous slouch".

Of course I jest. 

However, what would possess a supposedly serious investor to post something like this:

"It has been called to my attention that the $100M BRL asset sale announced last week pointedly did not include urology testing. IMHO, 4K Score is the most profitable piece of BRL. The biggest cost of the test is the development which has already been spent. Running the test is relatively cheap and therefore adds cash even if the developmental cost is being written down against each test."

So much meat on this bone....
1. Umm, you were NOT aware that Urology was not part of the sale to Labcorp? Did you not read the news, nor the posts here? I mean, even the idiot convention on Yahoo had the details of the transaction.
2. "IMHO, 4K Score is the most profitable piece of BRL. The biggest cost of the test is the development which has already been spent. Running the test is relatively cheap and therefore adds cash even if the developmental cost is being written down against each test."....Do you have any data, at all, that corroborates even this, as you say, opinion?

And, regarding, "I am currently hanging on to all of my shares, in spite of the +50% gain in the last few weeks. The share price needs to be over $1.49 for the note holders to force conversion".......we are happy for, and dare I say in awe of, your investment perspicacity. Cash for opkodd members, especially from gains in Opko, is always a good thing. But then, we do know that % gains in penny stocks can be, shall we say, exaggerated due to the, well the price. It does serve as a reminder, to paraphrase John Lennon, that the news is rather sad: the stock is still barely over a dollar. As for the possible conversion.....aka, more of Frosty's Favorite Fun Fad.....dilution, we know the terms that would trigger it.

I would advise everyone, while we enjoy the fruits of our monetary exploits, to keep the bigger picture in mind. Opko very much needs an investor or two, and preferably more, like those I mentioned in my post above to Ice. Opko has the POTENTIAL to be a stock with a price way more than a dollar and change. Which is why I'm in it. What you characterize as screeds are the very prescriptions needed to get the company, and therefore the stock, airborne. Escape velocity is another matter altogether, but first things first. Hopefully, the dripping Bill & I are doing on management will eventually create a hole in their head, into which common sense may someday flow.

Get your hands on some HGH, grow a set, and speak to management, like I do. Maybe you'll get some useful info, like Bill and I have. Yes, it would take you away from Yahoo, but it could help you to avoid the foolishness of posting opinions on important points, such as 4K profitability, without any attribution whatsoever. And then when you do post, it can be something substantive. As for your....monotonous....habit of calling all those with whom you disagree "poor", as you do above referencing me, well......speak for yourself.

Maybe Opko will get bought out at $4. Haha. Now wouldn't that be just dandy. And a real success for the buffoon of biotech. At least it would prove that your good doctor ain't so good after all. That he is what all but you know him to be: a CEO with a record of 15 years of failure, with too much hubris and greed to recognize the trail of his destruction. Alas, some of us are immune to the screeds of fact. Though they be long and monotonous to the few defenders of Frost left on the planet (see the tally of votes For if you want proof), they are nonetheless epistles of truth. Unlike the made up stuff some of us fashion, such as the opined profitability of the test with years-of-stalled-quarterly-uptake, the 4K score.

I would ignore me here and pen another trenchant post on Yahoo. Perhaps how many days in the past 13 Opko has been up, down, or sideways. Am I quoting that recent hallmark endeavor of yours out of context?