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Toonces
 

Registered: Oct 2002
Posts: 732

 

09-19-12 03:31 PM

Anyone know what's going on?

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lwlee
 

Registered: Dec 1999
Posts: 1103

 

09-19-12 04:00 PM

Citron said Aetna dropped coverage of Acthar.

Oppenheimer defends saying that's old news.

Trading just halted.

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Bob111
 

Registered: May 2002
Posts: 6420

 

09-19-12 04:17 PM

http://finance.yahoo.com/q?s=qcor&ql=1

http://www.citronresearch.com/

those guys done pretty good job,digging thru Aetna papers

interesting enough that aetna Policy Bulletin release date is 9/14/12, but all action takes place now, 5 days ago. go figure..

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lwlee
 

Registered: Dec 1999
Posts: 1103

 

09-19-12 04:45 PM

I made 3k on the stock but it was a roller coaster. Put on too many shares. Stupid.

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jnbadger
 

Registered: Nov 2004
Posts: 1482

 

09-19-12 05:18 PM


Quote from lwlee:

I made 3k on the stock but it was a roller coaster. Put on too many shares. Stupid.



Ouch and congrats at the same time. How much heat did you take relative to a normal trade?

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lwlee
 

Registered: Dec 1999
Posts: 1103

 

09-19-12 05:24 PM

I was down 6k at one point. Like I said stupid.

With the movement on this thing, a 10k day was definitely do-able. But you know how it is, once it drags to the depths, you just want to get out at break-even. If I had been able to get it around 22.5-24 range, close to the lows, I would have definitely held it to the 33-35 range. That would have SOOO sweet.


Quote from jnbadger:

Ouch and congrats at the same time. How much heat did you take relative to a normal trade?

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