Here it comes…..Watch the next 2 - 3 weeks as the stock will trend up……Don't be surprise if QCOR exceeds $1.70 a share…..I'm expecting more news on advancing their testing pipeline…..ALS is a potential grand slam for the company…..I admit its not a short term catalyst but it could increase revenues by more than 50% by itself off of 2013 numbers…..Slow and steady…..Good luck to all….
4 points up in 2 1/2 days. We continue to go higher from here. The short squeeze has started. They will try to cover in small blocks so as not to trigger a panic squeeze but they will not be able to prevent the market from moving up. I expect the institutional selling is just about over (may have concluded by year end) and the smart money will slowly look to get back in based on the valuation. Earning are going to be in line or better based on the data presented by management this week. I do expect them to be held back by the investigation expenses and the significant ramp up in R&D but they will hit the number. It doesn't matter, as long as the street realizes the BS is real, the CFs are real, the revenues are real and management is committed to increasing shareholder value (watch for another dividend increase in Q2 or Q3 and buyback increase announcement - may be a broad general comment on the Q4 call). Slow and steady! Good luck to all!!
7 points in 4 1/2 days. Once again I'll reiterate that the short squeeze has started. We will continue to go higher. The JP Morgan presentation today at 9 am PST will be upbeat and will drive the stock higher. Slow and steady…..Good luck to all…..
I'm not a day trader so the move to $51.68 is nice but in no way reflects what my note was meant to convey. I believe the stock has started its upward move again. It wouldn't surprise me if it pushes back into the mid $60 range or higher over the next few weeks. We'll see. Slow and steady. Good luck to all.