Original report http://www.citronresearch.com/wp-content/uploads/2012/07/qcor-final-v7-edit.pdf Citron says stock will be going to single digits
http://www.aetna.com/cpb/medical/data/700_799/0762.html QCOR main drug unnecessary, other insurers can save huge money by dropping it. Hoping this stock puts on a nice bounce so I can short all the way down
Won't be short this dog overnight. HUGE volume spike today, Great New Pattern applies here, could pull a EDU/BPT(check charts) Stock might tank tomorrow but thats the risk I will take. Forward PE is 7, plenty of value idiots might jump on this, specially if the bull spin/rationalization catches on
$QCOR 59.67M shares outstanding, trading volume of 61.79M I have a small conservative long on QCOR going into tomorrow. Taking a risk here but in my experience, super volume days are followed by bounces(big ones). Specially in a stock that its easy to rationalize(forward PE 6.5)
Got out at 29.7. I expected more from POS. Maybe the call will bring lots of lies. Will listen and watch the stock at the same time