Looks like QCOR is going to get a favorable ruling by the FDA and Citron is could go bankrupt if they have not covered and have a sizeable short still on this. With probably almost half of QCOR's float short now the rush for the door to cover will be dramatic. The only reason the stock even pulled back is that more shorts added to their position which only will add to their pain.
QCOR is covered as the FDA has already followed ALL the required processes for approval and pulling a drug that has not shown some form of increased side effects that are serious is never going to happen. That would mean the FDA did not follow policy and procedure. The FDA won't admit this happened even if it did let's face it. Citron knows this I'm sure but the sheep shorts that follow along don't. This will be a good lesson as their money will soon be leaving their hands and go into those that are long the stock.
If you are short QCOR you might want to contact their investor relations department and get whatever info you can and try to save what you have left. You might also want to contact the FDA. If you have enough $$$ in it go buy your own vial of Acthar Gel and get it tested by a known reputable testing lab and maintain your chain of custody to it. 28 grand will be cheap for you to learn that QCOR has the goods and will continue to sell it to an ever increasing market with expanded labeling coming.
I learned a great lesson from Buffett. If you are a long term investor and your company is buying back stock you WANT low prices. Low prices allow the company to take in more stock. This means you own more of the company. This means lower dividends to pay due to fewer shares. This means higher EPS due to lower share count.
If you are in ATT for 5 to 10 year timeframe pray for low prices. The lower the better and the longer the better. Get paid to wait the whole way and at some point the market adjusts and the stock gains follow.
T's dividend is 100% safe here. The lower the stock goes the more stock they take in and the safer it gets. If you were going to hold for 5 or 10 years it doesn't matter what today's price or tomorrow's is since you would not sell whether the stock is 30, 40 or 50. Therefore hope for low prices and your company gets offered a bargain and you benefit. This is how one makes a lot of money by crushing the short term players
There is not even a .0000000001% chance apple would buy tesla. CNBC filling airwaves with more sensationalism as they always do and wasting investors time. Pathetic.
Tesla is not in Apple's core competency and Cook would never let Musk through the doors as a rock star CEO is not what Cook would want to work alongside
If I was an executive at Questcor I would use my considerable cash hoard to once and for all bankrupt both the business and owners personally at Citron Research. If this is just another chop shop call that we typically have seen out of Citron who of course is heavily short stock and options then I'd lawyer up and never settle or let up until they are gone, period. Maybe that's just me. I have no patience for trolls like Citron and would love to make an example out of them. I couldn't think of a better use of all that juicy cash at Questcor right now.
What happens to the stock when we see Questcor files libel suit against Citron and goes after them for damages in drug sales, stocks, reputation damage and to boot it was all intentional by Citron. They have a lot of guts making this allegation but apparently they kept it pretty loose in their wording to try and get enough wiggle room to get out of it when all the claims are shown to be unfounded. I'd make sure they couldn't get out of it. QCOR should hire me.
They are all screwed. Huge losses for them. Play with fire you gonna get burned.
Congrats all longs. This is a glorious and wonderful day as we take all that money right from the hands of the shorts. Couldn't have been any easier.
They will speak loudly with earnings. Nothing we can do about stock price over short term. that is the game of HFT's, market makers and day traders. In years today's price will be just a blip down low on the rising chart
Model S still remains a very very niche automobile with about 30,000 sold. Ford sells more than one F-150 per minute every day, every week, every year. There are 1,440 minutes in a day which means Ford sells more of just their F150 truck in under 3 weeks than all the Tesla Model S sold. Keep in mind that Ford has many other models as well.
Now the funny part. Tesla Market Cap is 30B. Ford is 60B. Tesla is worth half of Ford Motor Company today. Pretty funny considering just one Ford Model outsells all the Model S units in less than 3 weeks.
They can never grow into a valuation of even 100/share. why is it only down 40 points? they sell low to no margin commodity products in pricewar sectors. this is a charity company sponsored by wall street dollars. if wall street stops giving them money it's over for the stock price. at best they can make 2/share if they stop growing and spending. PE of 10 for a retailer makes them $20/share
Never happen. Cook and his team as well as the board all want to protect their cozy little setup. Sell stock options the moment they vest. Bilk the company annually as much as they can. Leave shareholders in the dust. Musk wouldn't do that. He'd want to clean house and that means insiders and board lose their 10's of millions each year cash cow. That is a non starter.
CEO of Celgene said they project $15/share EPS in 2017 based on sales and confidence in pipeline. At $15 and PE of just 20 CELG is a $300 stock in 3.5 years. That is now a double from here thanks to the algo traders pulling it back. 20% annual returns.
Amazon is again slashing prices in its price war with Google and Rackspace. Hosting is a commodity service folks. It's a race to the bottom. Sure amazon can have revenue in their AWS hosting but like the rest of its businesses that is revenue without profit.
The growth just won't come in terms of revenues or profits for AWS hosting as the price cuts won't be the 8% a year they were getting away with. The big players won't let them do that anymore. Now we are looking at annual cuts over 20% and that business won't outgrow the price cuts
Just FYI. I used to do lots of hosting and still do at Rackspace, AWS, Google and other providers. I've been watching hosting and CDN businesses for almost 20 years. Learned a lesson with Exodus once the largest hosting provider in the world and a high flying stock. Then bankrupt. It's a race to the bottom. Funny how people think AWS will be amazon's savior. Now with Google coming at them as well as Microsoft and rackspace (and others) it just won't happen
Just a technical trade. If you are long term holder welcome it. It means the company you own is now able to buyback more stock at cheaper prices thus increasing YOUR stake in the company. It's all good
If you owned a farm would you worry about what somebody offered you every minute to buy it? Ruger was founded in 1949 and is still around today and growing. Some years will be great and others not as stellar. No different than a farm would produce well depending on weather.
If the market is offering you the opportunity to increase your share in the farm at a very low price would you do it knowing that over 20 years it will reward you well? Or would you worry that what they offer you today is so low that you too now want to sell your farm shares at this very low price?
In other words don't get caught up. Let the market work for YOU. If the price is low then take advantage of the irrational pricing. Over time Ruger will do quite well and it is priced cheap here. Shorts are about 1/3 of the float so you have a squeeze if you really want some short term catalyst. On the rational side Ruger is over 60 years old. Unless lasers disrupt guns then they should be around another 60 and will do quite well with their brand and quality products for the shareholders.
You hope it goes down because you are short. 3D Printing will be a 100B industry in the next decade or so. Technology in the last 2 years has exceeded by far all the cumulative tech in the space since its inception. The strides being made are nothing short of amazing. More use cases and applications coming as well that you can't even think of or imagine.
It won't be in everyone's home for the next 5 or 10 years and that doesn't matter. It's volume and application will be in medical, automotive, aerospace, manufacturing and that alone is the 100B plus opportunity
Great investors always sell low and buy high. Oh sorry, that is the opposite of great investors. Yes the stock is down 11 points from its all time high. Sell and take your loss and let somebody else buy low so they can sell high later
Baaaaah! Stock going up tomorrow. ISRG the next amazon. no matter what happens it goes up. then it gets bought. then it's over for the shorties
This forces apple's hand for the large screen iphone to keep sales and demand stoked. Also Icahn owns these guys now. Cook has no ground to stand on. 50B plus buyback is in the bag if not 100B. Icahn is fuming now. with stock cheaper than ever get ready for Icahn to go into overdrive and get board seats
With ISRG trading at this valuation which is 12 times EBITDA when you back out cash and generating almost a billion annually in free cash flow they are now a potential takeover target. There are quite a few candidates out there that could pick them off and are looking to round out their portfolio in this area. One in particular is JNJ. Another is GE. Shorts could get destroyed if they wake up one morning and we see a 550/share takeout.
I know many companies wanted to buy ISRG but the price was too high and the multiple unjustified. At these levels once can believe that any company that believes robotic surgery has a future over lap or open surgery (as a surgical patient I know it does) that one of these companies are going to take this one off the market at a 30% plus premium.