Clinical Policy Bulletin:
Repository Corticotropin Injection (H.P. Acthar Gel)
1. Aetna considers repository corticotropin (H.P. Acthar® Gel) medically necessary for West syndrome (infantile spasms)
2) Aetna considers repository corticotropin not medically necessary for diagnostic testing of adrenocortical function because it has not been shown to be superior to cosyntropin for this purpose
3 Aetna considers repository corticotropin experimental and investigational for all other indications because its effectiveness for these indications has not been established.
Huh, you mean they didn't do the testing and go through the long process of getting Acthar approved for IS (it's last approved indication)?? Interesting idea of developing and creating nothing. Wish all the managements of my other stocks did this sort of nothing too. :)
Aetna considers repository corticotropin not medically necessary for corticosteroid-responsive conditions because it has not been proven to be more effective than corticosteroids for these indications.
Aetna considers repository corticotropin experimental and investigational for all other indications because its effectiveness for these indications has not been established.
Note: The labeling of H.P Acthar gel states that, although drug dependence does not occur, sudden withdrawal of repository corticotropin gel after prolonged use may lead to adrenal insufficiency or recurrent symptoms which make it difficult to stop the treatment. It may be necessary to taper the dose and increase the injection interval to gradually discontinue the medication
On Friday Dec 6 2013 there is even more evidence posted by the pumper crew that verifies these patterns, pointing to insider trading directly on YMB. And they keep posting incriminating messages. What is so amazing, they don't really care.
Its time to say goodbye to QCOR and move the capital into a company that actually wants to help infants with health complications--QCOR is a blackhole of investor money now. As an investor that holds stocks for years, this one had all the color and luster of a rainbow. But, Q was and always has been constructed on an apocalyse of lies. All management had to do was wipe their #$%$ and wash their hands. Instead they smeared sh** in the face of infants and investors. The current price bears no truth and has probably been seeded with so many insider trades, no one knows where the seeds have been planted or how deep they go.
I know when to hold'em. This time I'm fold'em. Time to walk away. For others, its time to run. The dealins' done.
Wall Street (the house) always wins.
Sentiment: Strong Sell
BLOOMBERG reports it
AETNA policy change for ACTH QCOR
As Bloomberg reports, Aetna decided that Acthar was medically necessary for only one of its several indications: West syndrome, which causes infantile spasms. For other uses--including indications in multiple sclerosis and nephrotic syndrome--the gel hasn't been proven to work better than existing treatments, or hasn't proven effective at all
As a QCOR long for eight years, don't buy this stock unless you know for a fact that there were never any insider trades, the investigations are complete, and Q can demonstrate over the long-term that it has the integrity of a company listed on the Nasdaq. If you are in this one as a long, your chances of survival in the short term is about as good as a six shooter with 5 loaded bullets and the pumper crew wants you to play Russian Roulette where you get to go first. The long term, 4 loaded bullets and still your turn first.
My take is that they are all in it--pumper crew, Mikey, Pharman, QCOR, Citron, and a host of other shady characters found in YMB. If you follow the stock and the comments, there is evidence to suggest the ones pumping the stock are trading on insider info and are coordinating with Citron's articles and QCOR's press releases. The patterns point to knowing both the good and bad news before they are released.
These boys wrote a script based on the same formula. After each execution, egos and profits rose for the insiders, but so did guilt and remorse for at least one other, Mikey. He got silly drunk off the money and power and started making mistakes. Mikey's biggest mistake was "fleecing the sheep" as he called it after he wrote a Seeking Alpha instablog Oct 11 2013 and earnings report anoucement released Oct 30th. After a bout of guilt, he revealed MaxDad or MaxDadyo as the leader/trainer. My hunch is MaxDad is affliated with QCOR or an employee. The pumper crew laid into Mikey pretty hard the first week of Nov and starting Nov 11 , insider transactions began dumping 30+ million dollars worth of shares. Just like clockwork?
Sentiment: Strong Sell
"I'm not going to go through the numbers because they are rigged"
The numbers, including employee options are all listed in the qtrly reports and all numbers
reported to the SEC must be correct or Sarbanes says the officers can go to jail. So put
up your PROOF that there is something wrong with the numbers or #$%$.
QCOR could have played by the rules, filled their own and investors' pockets, and built a road for the long-term. All QCOR offers now is a piece of paper with some great numbers that are inconsistant with current pps, dividend, and news. So, we have to look at the Q's history and its riddeled in deceit. Why should the insider trading scandal be any different?
I'm not going to go through the numbers because they are rigged, meaning that so much capital has been siphoned off through the insider trades that it is pointless now to figure fair value of QCOR. Anyone can find stable dividend stocks out there with much better track records, stable longterm growth, no prolonged investigation(s), and no accusations of insider trading.
Q's numbers are stellar until you do some lengthy research into their practices. Instead of Q cleaning up the shop, it looks as if they doubled down on which way the investigation is about to go and are manipulating the pps to squeeze every last penny out of Acthar, leaving shareholders face-down in a puddle of #$%$.
There are too many patterns and paper trails. You buy Q for the story and as a shareholder, you pay for a never-ending soap opera of drama, tears, and destruction. Is anyone surprised how Acthar treats infantile spasms? In YMB there is one person that goes by Mikey (implicated by Citron), that seems to be infantile and having spasms of guilt, narcissism, and euphoria rolled into several aliases who can't decide if he is a pumper, a short, a long or neutral all at times that point to insider trading.
Sentiment: Strong Sell
Ladies and gentlemen, I give you the QCOR illusion.
Q's mangament team has never developed or created anything except a magic trick--disappearing investor capital, cloaked behind the health complications of infants. They bought the rights to Acthar gel and simply marketed it. Q knew how to jack the price up, but employed a marketing team of Houdinis deaf to the demands of the Department of Defense. When I bought at .80 pps, it was being markted under Infantile Spasms and Multiple Sclerosis. The cost per dose--2 bucks.
Fast-forward to 2012; The cost per dose 250,000 and Q is raking in cash. Obviously they are on to something, but a million in the pocket today is not as good as a billion in the pocket tomorrow. Throughout the entire time holding Q, the biggest problem with Q is the management team's ethics, marketing, and business practices...Having held so long, I've watched the pps and dividend being burned up by hit pieces and pumpers' disinfo.
The most important question: Is the QCOR saga (movie) all one package orchestrated by Q's marketing team to sensationalize its story and draw in new investors, including the hit pieces in effort to use options trading and insider info as a black box to magically disappear cash into the hands of insiders and their friends?
Sentiment: Strong Sell
you tried that argument last year and it didnt work. Everyone still covering it because it works and is cheaper than dialysis. Got any REAL argument??
You mean the same guys that were selling last spring in the $30 range when the doom and gloom crowd was moving the price around.
NONE of which threaten sales of the PRODUCT. You DO remember that this company sells a working product and has so for years, right?? Apple is still selling its products and more of them every year WITHOUT Steve Jobs. Everyone at or near the top of this company is replaceable. Nobody at this company is even responsible for inventing the product in the first place. Who gives a S__T about this Citron blather.