Seeking Alpha
  • Cabeza Howe
    $QCOR having heart attack today. At least 4 firms rush to defend it. Watch out for risking capital in controversial one-trick-pony plays.
    9/19/12
    Reply (16)
    • Cabeza Howe: Watch out WHEN risking capital in controversial one-trick-pony plays.
      9/19/12
    • stocktrend: Got in @30 hope it does not drop more when it trades again
      9/19/12
    • barcaboyvn: halted for pending news, I think I will go up!
      9/19/12
    • Cabeza Howe: Could be either co. issuing statement debanking Citron or PR confirming AETA's new policy.
      9/19/12
    • barcaboyvn: During 2012, Aetna has accounted for approximately 5% of the Company's shipped prescriptions for Acthar -> ONLY 5% and stock down 50%!
      9/19/12
    • stocktrend: Looks like will confirm the bad news from Aetna dropping them will add a little more if it opens lower Im only in 100 @30
      9/19/12
    • barcaboyvn: That is clearly BUY BUY BUY BUY BUY, BUY any where below 50, I am buying more (I already did this morning)
      9/19/12
    • stocktrend: I agree with you Barcaboyvn this is over done but will see
      9/19/12
    • Cabeza Howe: Overdone short term. Long term implication however is Aetna sets precedent for other insurers. Inherent risk.
      9/19/12
    • stocktrend: On Yahoo board someone said trading will resume @3.05 Eastern time and base on Aetna counting only for 5% this should open higher JMHO
      9/19/12
    • stocktrend: Short term looks overdone but long term time will tell if the get more rejections from other insurances
      9/19/12
    • barcaboyvn: Acthar is approved for 19 indications and counting. Money is being made on Acthar was mainly for 1 indication.I doubt long term failure!
      9/19/12
    • stocktrend: Well just added more @28 men this is wild
      9/19/12
    • stocktrend: Added more @26
      9/19/12
    • rseiter: An overreaction...but no way this gets anywhere near 50 again any time soon. I'd say it rebounds and approaches 40 within the next 2 weeks
      9/19/12
    • rseiter: Then bounces around in the mid 30s for months afterwards.
      9/19/12