Qcor

Anyone know what's going on?

 

Citron said Aetna dropped coverage of Acthar.

Oppenheimer defends saying that's old news.

Trading just halted.

 

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..

 

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?

 

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.

 

Btw, this thing looks like it's gonna go higher. Right now at 32.14 but lots of analysts supporting the stock. If the report was misinterpreted, this thing easily goes back to the high 40s. Could hit 40 today.

 

halted again..for a third time

 

Am currently long. Calling my "one time, just one time" on this puppy.

But this time, my position won't get me hurt (too much).

 

T1-there gotta be something interesting. i hope you right brother lwlee about direction