qcor down 3 1/2% today on lower volume. It is now so CHEAP at current prices, and way cheaper on 2014 pps levels, I am now looking at possibly reducing some of my other holdings to free up more cash to BUY qcor.
I am way over my threshold limit (% of total holdings) already, but qcor is so cheap, it is an absolute no-brainer. Indeed, a rare opportunity that only comes across a few times in life.
So Mr. Shorty, keep up the pressure, Mr. Market Maker, please continue manipulating the share price, and Grancius will be making arrangements to get some dry powder to buy even more QCOR.
Lap...it is because of the insanities that have occurred that when I did decide to buy options I made sure that they were out far enough in time and money (Jan 14's 40's, 50's and 52.5's) that the current gyrations would have virtually no impact. In addition to my 80k (70 core 10k trading) I have another 150 (15000 shares) of options that have a breakeven at exactly $50. If we just use Lazard's target of $74 (which I continue to believe is excessively conservative) then the options that cost $20k will be worth $360k for a $340k profit...So why even mess with short term options when there is that kind of ROI for just being patient!!!