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Questcor ((QCOR +13.4%)) swings back into the positive today in volatile trade on the back of...

Questcor ((QCOR +13.4%)) swings back into the positive today in volatile trade on the back of its conference call currently in progress. Some highlights: CEO Don Bailey says it learned of Aetna's new policy only as of Wednesday; Prior authorizations are normal for Acthar, and it should not be used as a primary treatment to begin with; Acthar sales, prescription performance continues to improve. ( Webcast ).
Comments (5)
  • Listening in right now - very professional conference call! I think it is a buying op and loaded up.
    20 Sep 2012, 11:31 AM Reply Like
  • I agree. Citron blundered and caused a s*&%storm!
    20 Sep 2012, 11:39 AM Reply Like
  • If the SEC wonders why private investors don't trust Wall St, look no further.
    If Citron and Einhorn can drop good solid companies by sending a queue to the corrupt shortists
    We'll stay out, the the financial sector will suffer.

     

    Time to do away with shorts, it invites crooks, and has nothingto do with the purpose of the market - raise capital and create jobs. It does the opposite
    20 Sep 2012, 11:50 AM Reply Like
  • Pinocchio - Apparently you understand very little about how (and why) the market works. The problem is NOT the ability to short a stock, the problem is the SEC does not and will not enforce the rules. In fact, the need for "shorting" is absolutely necessary for making a market. With out it, market makers would not be able to maintain neutrality; in spite of the ignorant conspiracy theories of market newbies. The SEC is populated with incompetent hacks - THAT is the problem.
    20 Sep 2012, 12:37 PM Reply Like
  • You are funny - market makers and neutrality?????? The market makers are involved in HFT (ring ring, KCG anyone??).
    20 Sep 2012, 01:57 PM Reply Like
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