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Questcor Pharmaceuticals, Inc. (QCOR) Message Board

  • josebell639 josebell639 Jan 2, 2013 5:56 PM Flag

    That Power

    Who ever initiated the bulk of the shorting interest has a lot of power. It's sad to see the NY times sellout. But I am not surprised. 12 million share traded in the last 4 days. Most done by HFT and options. Next option expiration 1/13. May see the same force applied till then. I believe they are playing both sides of the fence now. Selling a percent of short interest and buying on the other side. Should not take more than a couple of hundred share on the buy side to move the stock back into the 30 range. Long term upside potential much greater than downside risk/reward. Sales should continue to increase over the 2 quarters. I am glad to hear they are moving forward with international sales. German lab has already reviewed the product and has acknowledged the need for the it. More positive, than negative moving forward, with the exception of US media. Sold at 30.31, bought back share at 27.2. Put the rest of the cash to the side.

    Sentiment: Strong Buy

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