Seeking Alpha

Questcor Pharmaceuticals (QCOR): Q4 EPS of $1.09 beats by $12. Revenue of $160.5M beats by $18M....

Questcor Pharmaceuticals (QCOR): Q4 EPS of $1.09 beats by $12. Revenue of $160.5M beats by $18M. (PR). Shares -2% AH.
Comments (9)
  • Rubenov
    , contributor
    Comments (433) | Send Message
     
    Beats by $12 dollars? Lol
    26 Feb 2013, 04:16 PM Reply Like
  • gethigh
    , contributor
    Comments (42) | Send Message
     
    I wish it beat by $12...!
    26 Feb 2013, 04:21 PM Reply Like
  • dieuwer
    , contributor
    Comments (2606) | Send Message
     
    It should be: "...beats by $0.10".
    26 Feb 2013, 05:10 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5822) | Send Message
     
    Why shares down?
    26 Feb 2013, 05:38 PM Reply Like
  • dieuwer
    , contributor
    Comments (2606) | Send Message
     
    Illiquid after-hour quotes can easily be manipulated by shorts. I guess they hope that longs will panic and dump their shares when they see the negative print.
    26 Feb 2013, 06:24 PM Reply Like
  • Zachary Schenk
    , contributor
    Comments (78) | Send Message
     
    40% of shares sold short, wouldn't you want to cover at a lower price.
    26 Feb 2013, 08:48 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5822) | Send Message
     
    If it goes to $0, they don't need to cover.
    26 Feb 2013, 11:19 PM Reply Like
  • opiee1999
    , contributor
    Comments (2) | Send Message
     
    Wondering why AH price was down by 2% when EPS and Revenue beat estimates???
    27 Feb 2013, 06:38 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5822) | Send Message
     
    Forecasts are more important than current earnings. If they gave disappointing forecasts, stock will drop some. (AAPL) has given very conservative and thus a little disappointing forecasts over the last 10 years. Thus, the stock fell in the short-term despite beating estimates for 10 straight quarters. But over that 10 years, where has (AAPL) stock gone?

     

    Use this as a buying opportunity if you think it is a good stock.
    27 Feb 2013, 08:39 AM Reply Like
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