OPK is a significant holding

    opk dont have any but on fire!

    Posted by pkrsek on 21st of Jul 2020 at 01:31 pm

    OPK is a significant holding for me. I have followed this company off and on for years. It has really had its ups and downs. It peaked in 2015 at $19.20. Buy early 2020 it was down to $1.12.  I started buying it earlier this year and have an average cost basis of around $2.00 per share. At this point it is way overbought, as you can see. It wouldn't surprise me if it backed off to $4.41 or even $3.78, which are the 38.2 an 50% Fibs. Based on what I know of the fundamentals my longer term target is $12.50. Bear in mind I am not a trader. I tend to take a longer view on all of my positions. 

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