at least point you to it. I've been here for months and just can't believe the longs don't see it.
Over 7,000 vials should have been paid for. How many were? Why? Because of a transitional new reimbursement center? Prove it!
Now that the insurance companies know the vials will still ship for any questionable RX, why be lenient? Keep the tight controls on, as the risk is less in refusing.
I'm sure many longs will reply with many explanations for it being transitional, but you can't tell if it was the insurance companies actually enforcing their policy or if the center staff weren't trained well.
The number is, the number of vials for all those scripts we all saw written divided by the vials they got paid for.
Commence with bashing me and telling me why I'm wrong but trust me bigger money than you sees the same thing I do. Extreme risk with no real explanation for the drop. Even the April number, has no real definition behind it. Read the CC transcript. Management said they don't know.
What he's talking about is the paid vials ratio. It's the reason I sold last week, as I posted. I don't have my spreadsheet here. It's at home, but as I posted last week, 43% less efficient reimbursement center.
As I also pointed out to IDPATTON last week, he's a pumper and I recommended longs not follow his options theory. In fact, I stated it would take a few more days this week for the stock to find it's true direction.
Can't believe you guys are fighting over this still.
Place your bets on whether the reimbursement center will improve, or not. That's the whole bet right now, plain and simple.
and My options theory is working. Im killing it, QCOR is going to go higher over this quarter, end of story! I am Long, and people who are going to bet on whether QCOR goes higher or lower from here would be highly advised to bet higher.
Sentiment: Strong Buy
PS. Us long analysts are still here, we are adjusting our expectations though. Maxdad posted earlier today his EPS changes.
Ya kind of have to, since this quarters EPS was low and even if Q2 is a recovery and restock quarter, it may not make up for the lower Q1 entirely.
Reimbursement POLICY remains favorable. Reimbursement was horrid, as I explained. Try reading my post slower and take it all in.
Trying to do you guys a favor today. I won't be posting or responding over the next week or two. You'll figure it out, and come back to this post that explains it.
No asking why it dropped below 30 by this Friday. You now know.
Already answered. Read the transcript of the CC. Management can't even tell you what that number represents regarding reimbursement. They can only indicate that because of the distribution channel change, some pharmacies can now restock with the new NDC code.
You are avoiding the actual problem. Only one number matters. How many vials do they get paid for. Reimbursement plummeted and you don't know why except an assumption (read the transcript) that it is because of new staff.
You are also missing the point. I told you. Now do whatever you want with the knowledge. Spend your time bashing me or do your own DD.
Irritated- Thank you random stranger for the sage advice. Since I'm totally confident you are really looking out for my true interest, I have sold all my shares. Thanks again!
Sentiment: Strong Buy