Is Questcor an even better value at $50 per share than it was last September before the short attacks? My answer is: Sure looks like it!
Questcor's (QCOR) second quarter earnings report is fast approaching (end of July) and investors are patiently awaiting what we believe may be a pivotal event. First quarter earnings momentarily disappointed investors, and stumped most analysts, with lower than expected results. But, there was no disappointment in the share price. Straight up it went, rising to $42 soon after the earnings report, bobbing around for a couple of months and then last week, ramping past $50 on the stunning, game changing Synacthen drug rights acquisition news