is remains utterly insane for qcor to be selling at these levels. Run the earnings yield -use last 4 Q's so not factoring in any future growth- and is it amazing. No debt, paying a very nice dividend and selling at 10X trailing earnings? qcor should now be selling for at LEAST 15x earnings.
Someday in the not too distant future QCOR will break the back of the short's stranglehold and then it is Katy bar the door. If not, QCOR simply contnues buying back their own shares and that alone will do the trick.
In for the LONG HAUL...
Quite frankly in spite of their track record on buybacks I have this queasy feeling that they aren't buying yet and that bothers me. There is no better use of their cash hoard. This talk about acquisitions should be put on the back burner.
This company has the shorts right where they want them and it appears that they aren't slapping them when it hurts the most.