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Questcor Pharmaceuticals, Inc. (QCOR) Message Board

  • stockman1522 stockman1522 Aug 31, 2010 7:17 AM Flag

    Thoughts this morning?

    I was excited about my investment, now I just don't know. Whay do you QCOR experts think?

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    • I am long-time holder of 1K shares... since the beginning of this year and am worried. I purchased another 10K shares last week, and just sold out the 10K I recently purchased and am still holding the 1K shares. I also flipped my position in a different account and am short there now 2500 shares. I do NOT believe the resignation has anything to do with FDA approval, and it's a labeling-only issue. Just bad resignation timing. But it doesn't matter what the few of us here think. By the time approval comes, with the market likely going lower in general and how this resignation destroyed the chart, I don't feel confident the approval will send us to $12. That said, I WILL cover in the one account and buy back in, but for a lower price. I lost $6K+ on this yesterday, and am not one to risk riding the rollercoaster down further with no tax incentive. Be careful. And I think the options players at $12.50 will be in trouble. Anyone who purchased outright recently can probably get their money back, by it's a risk you have to evaluate for yourself. At what price will it be when it gets approved? Just call it like I see it

    • Do not be worried at all.

      Read the strong post called " IF YOU BELIEVE IN QCOR MANAGEMENT ".

      I share all this post.

      Also read my posts on QCOR.

      I am 63 and I have 30,000 shares of QCOR. I am absolutely sure I have put my money in good hands.

      Over my life I have made a lot of money with the stock markets. Sometimes I had some losses due to procrastination : I have learnt from that !!! But all in all I am very satisfied of the money I have earned on the stock markets.

      QCOR is a gem very well managed.

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