Who knew Bohner/Reid did so much damage yesterday. Cantor tell us last night rumor of communication happening was false. No buying or selling market wide now. Bets will bankrupt or make millionaires. No wabbits will be grey trading and staying alive. Black and white wabbits only now. Hasenpfeffer they will be, if guess wrong.
One thing sure, entitlement reform mean less reimbursement for gov't programs moving forward. All the docs, nurses, and insurance companies will suffer by covering more for less. Cut backs, cut backs, cut backs.
Last cutbacks Congress overrode the Democrat reimbursement changes cuz they were too quick. This time, cuts, cuts, cuts.
Republican reform means immediate cuts. Democrat reform means slightly slower cuts. Cuts, cuts, cuts.
Mikey, the short ratio is down to 19% as of yesterday. While your disguised warning of possible future cuts for reimbursements for high priced drugs is not without merit, it remains to be seen how it plays out. QCOR's expansion into new markets alone could make up for any price drop for Acthar, if the government were to force it down QCOR's throat...Of course, it does not mean that the stock price will not stay stable for the foreseeable future. Too many people try to make quick money off of QCOR as long as the uncertainty remains in place.