Benj Gallander
Opko Health
OPK-Q
DON'T BUY
Oct 08, 2014
The CEO has been buying an incredible amount of stock every single day. Insiders own about 51% of the company already. Maybe he knows something that we don’t know. This is not his kind of company at all. The debt load is over $200 million now. There is a lot of danger there. There is incredible revenue growth, but at the same time the company has been losing a lot of money.
Their BioReference Labs division is currently testing all the NFL players as well as the NBA and MLS bubbles. Also testing federal US agencies and most recently New York schools. He's longed liked this company.
The CEO has been buying an incredible amount of stock every single day. Insiders own about 51% of the company already. Maybe he knows something that we don’t know. This is not his kind of company at all. The debt load is over $200 million now. There is a lot of danger there. There is incredible revenue growth, but at the same time the company has been losing a lot of money.