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AronInvest Portfolio Update, July 27, 2011: QCOR

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On June 10, AronInvest™ picked Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) as stock to watch in the near term. The price of Questcor Pharmaceuticals, Inc. (QCOR) was then $24.04.



Since June 10, 2011, QCOR has been on the increasing trend and as of July 27, 2011 reached the price of $32.50, an increase of 35%. The +24.81% sudden jump on July 27, 2011 is due to better than expected revenues ($46 million vs $41.75 millions estimated) and better EPS of $0.23 or 0.03 more than the estimates.



Questcor Pharmaceuticals, Inc. develops and commercializes a product that is a natural source adrenocorticotropic hormone indicated for the treatment of acute exacerbations of multiple sclerosis and a number of other conditions.



The price of Questor Pharmaceuticalsis expected to decline in the short term due to profit taking, but the stock remains on the list of stock to watch for continued performance.



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