Looks that way to me, also. Short term.
66-67 in the short term, and maybe a spike to 68-69 with a sell off on that.
Stock was around 64 at time of my post.
64 to 74 is ten bucks.
I'd like to see us return to that pre crash level, wouldn't you?
Is it just because this co. is in the financial sector.
Low beta, tons of cash, low pe,extremely high eps and very low share count.
Is the something I don't know about???
I would say the upgrades are not taking unproven or hearsay into their valuations.
Strictly the financial facts.
It is the market that will have to discount those projections.
keep telling you how much qcor is up over the past year.
Sure it's up on a calendar basis, but only because it crashed just before then.
Go back slightly further like Sept. of 2012 and it had been trading in the 50$ range for many months prior.
If you held long since Sept until now, you are only up about 10-12$ in over a year.
That certainly is no 100%+ gain and shows that most all of the companies progress since then is not even reflected in the current share price.
Look at the points he is trying to make in his article.
He says qcor can't possibly be making all that money from a 60 year old drug.
Well they are and it's FDA approved.
He says insiders are selling.
Really! And they are also paying a dividend along with stellar earnings performance.
He says it can't be good if the govt is looking at you.
Wow ! And what about the govt looking at your tax return.
Are you guilty?
Yep! Kinda like a routine physical exam.
And if they find something, just get a second opinion.
It's really nothing to worry about.