Replies to post #340 on Questcor Pharmaceuticals, Inc. (QCOR)

[philca]

I"m still waiting....my target is 28$...we're still going up...

[pj McMulligan]

I'm holding my shares tight buddy, this one going higher before it goes lower imo! B~)

[Its A Whiz]

Congrats Shank
To Everyone,
Analyzing the chart, gap up when the stock closes above 22.70, next levels will be at 25.50 then 27.90 then some resistance about 30.
Also tonight Deerfield Hedge Fund has disclosed in their 13G that they now own a little more then 5% of QCOR. This is a new long position. Brings a new bit of confidence to the picture.

Could be a gap up tomorrow. Some talk about 30%. Could be more then $30 by end of week. It is common opinion that Deerfield disclosure will drive additional Institutional buying. If their position expands there is even more talk of possible buyout offer in the area of 80-100. Eyes will be on the kidney week conference where Questcor will present to over 13k Doctors the benefits of Acthar use with Kidney diseases. GLTA Hold them tight, next few days should make you smile more then you did all last week.