Just need to figure out the PPS behavior for next month or two. Looks like my sept and oct close estimate is coming true. This is getting really interesting.
Jr, I would say that if they get anywhere near my numbers ($1.65 non-gaap) for Q3 (AND I FULLY EXPECT THAT THEY WILL) then trying to predict specifics of where the PPS will be right now is a waste of time because the only answer is UP VERY SHARPLY :-) All kidding aside, given Pharmaman's confirmation of scripts and my conversion to dollars (with the main remaining variable being expenses), Q3 should be in the range of $1.60 to $1.65. I am expecting an approx 20% rise from here heading into the Q and an additional 20% rise by end of the year taking us to $90 to $100 by the end of this year...2014 will be the year of the P/E actually finally catching up to where it should be today (at about 30X) and at least doubling Q's PPS again over the next year or so.
Maxdad...Everyone, including longs and shorts, know that QCOR is selling at 50% discount. I only disagree on PPS timings. QCOR nearly doubled in a month due to stellar earnings and a short squeeze. My takes is QCOR will be range bound for a while. We may see QCOR trading between 50-70 for next few months.
OOPS left out an iteration above (but that I have stated previously)...Sorry, here's the corrected version :-)
I am expecting an approx 20% rise from here heading into the Q, +20-30% right after Q3 and an additional 20% rise by end of the year taking us to $90 to $100 by the end of this year
jr..what specifically are you looking at to determine the behavior. With all the manipulation w/QCOR I find it difficult other than the fundamentals. I thought I had the T/A figured out only to be proven wrong. Just curious and thanks.
Beegz, I only look at short manipulation here. Remember, many shorts who shorted below 55 might have already covered at higher PPS. Now we have a new short base, who probably shorted above 65. It might be kind of difficult to get rid of them in the near future.
me too caffeinsomniac!
I'm hoping AFFY will get news out soon so that i can sell some AFFY shares with profit and then buy extra shares of QCOR!
I have no money left to invest anymore and need to be patient for the time being lol
Have a great weekend all!
Sentiment: Strong Buy