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Investor sentiment is negative, and I am obviously not excited about the near term prospects either, but OPKO is a company with a solid diagnostics business, it has approved drugs (Rayaldee and Tesaro's Varubi, where it is receiving royalties on net sales) and a very broad pipeline which should produce at least a few commercial products in the next 4 5 years.
I remain an OPKO bull, and while I don't expect the stock to outperform in the near term, I do expect it to deliver strong long term gains.Expectations still dropping when will we see a turnaround? As mentioned in the introduction, OPKO's share price is a victim of the expectations cycle.
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If we utilize the NYMEX forward curve on the last day of 2017, PV 10 value would have been $1.1 billion. So, it was a good year with strong improvement in the value of our asset base.With that let's talk a little bit about 2018.Our plan is to continue to unlock the value of our substantial drilling inventory iphone 6 plus case.
