Back to Main

Is A Short Squeeze Ahead for Questcor Pharmaceuticals Inc. (QCOR)? - Tale of the Tape

Posted: 11/25/2013 11:28:00 AM
Referenced Stocks: QCOR

Many investors appear to be quite bearish Questcor Pharmaceuticals Inc. (QCOR) especially if you look at the percentage of the float that is sold short for this stock. Currently, 22.8% of the float is sold short, suggesting an extreme level of bearishness for QCOR.

However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank 1(Strong Buy)on QCOR, so we clearly don't believe in the negativity surrounding this firm, and are instead looking for shares of QCOR to move higher in the weeks ahead.

QUESTCOR PHARMA (QCOR): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research