QSC will conservatively earn $.25 - $.30 per share in Q4 2007!!
From November 12 PR, QSC liquid assets were $37.8 million at November 9, 2007 (see excerpt below). Thats an increase of $9.9 Million over September 30 liquid assets of $27.9 Million !!
AFTER DEPRECIATION, THIS EQUATES TO GAAP EARNINGS OF ABOUT $9.8 MILLION OR $.15 PER SHARE FOR FIRST 5 WEEKS OF Q4 !!
QSC IS ON PACE TO CONSERVATIVELY EARN $.25 - $.30 FOR ALL OF Q4 !!
This stock is the next VPHM. IMO This will be $5 this week and $10 + by early January. Sleep well shorts!
"As of November 9, 2007, Questcor had cash, cash equivalents and short-term investments of $15.2 million and its accounts receivable balance totaled $22.6 million.".
Yes I know the only flaw is liabilities may have gone up, but QSC has maintained current liablities in the $5 - $6 MM range for the last fewe years per Yahoo.
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