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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 27.34-1.4%10:26 AM EST

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To: Arthur Radley who wrote (1690)1/9/2011 11:40:02 AM
From: Steve Lokness  Read Replies (2) of 1693
 
Rather strange behavior of QDEL share price? Immediately after announcing prospects for a bad quarter and after the stock dropped in price, Qdel announces a share offering of 4 millions shares. The next day? Hardly a coincidence.

QDEL should be expected to have a lackluster quarter given the lack of flu incidences - but they had the big acquisition that one would expect to add to revenue. Hard to read what is happening here? Something though.
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