Forbes noted today that Questcor dropped below the 200 DMA (see yahoo news on Questcor).
What I find interesting is that they didn't publish that it broke through the 200 DMA YESTERDAY for the first time in many months NOR that it had only been above the 200 DMA for one day...But DROPPING BELOW seemed to be newsworthy. HA!!!
Forbes posted todays piece because they posted on Feb 27th :
In trading on Wednesday, shares of Questcor Pharmaceuticals Inc (NASD: QCOR) crossed above their 200 day moving average of $34.28, changing hands as high as $34.74 per share. Questcor Pharmaceuticals Inc shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of QCOR shares, versus its 200 day moving average:
I thought the exact same thing when I read that. By the way there is a poster named wellington1947 who is posting blatant anti semetic ramblings. I expressed my disgust toward, him only to get more ignorance in response.
I'm hoping anyone who sees his posts will take note and at least give him a thumbs down.