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Author: JiminyBillyBob Three stars, 500 posts Old School Fool SC1 Red Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 100  
Subject: Re: Options Date: 1/31/2013 5:51 PM
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Thanks! And I'm glad that someone is finding my posts at least a little interesting.

I'm bullish on QCOR, but I'm realistic that the market will probably not agree until a much later date, maybe even past 2017 once it sees that Acthar sales will remain steady even after its sole provider status ends. That might convince bears, but even then, the argument will be made that Questcor is even more vulnerable without that status.

While I don't necessarily like the share buybacks, the dividend is good because it deters some shorts and attracts more conservative investors who are looking for yield with the hope of growth.

I don't know how this smart is, but I've recently begun buying deep in the money calls and selling short-term calls...diagonals. I think this is less risky than writing puts though there is more capital needed up front. If the stock takes off, I won't feel too bad (I think) because I'll still have shares and more pruchased calls than sold calls.

It's too bad that volatility has decreased as you said. It's good that the option premiums are still nice compared to a lot of other stocks, so options for QCOR are still worthwhile.

Carl
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