The shorts have been consistently wrong on QCOR.
The recent effort in self generating "news" about QCOR appears to make it fairly apparent that their interest is more focused on generating predictable stock price movements based on their own effort, as a result of their bombastic bashing, than it is focused on any effort in serious analysis of the company or the market... both subjects on which they've been consistently wrong.
As a basic function of charting... I don't have any problems with those who bought down around $1 to $4 thinking that taking some profits at $40 plus is reasonable.
That doesn't mean I expect QCOR's reinvestment of profits from Acthar won't enable them in establishing more sustained growth based on a more diversified product line, but, I do judge that QCOR is unlikely to experience a near term repeat of their 6,000% increase in share prices, say, in the next few months.
Clearly, there is a difference between honest analysis that leaves you "expecting" there may be a reason that a share price change may slow its rate of increase, and other effort making an less than honest attempt that appears it is fully intended to create that change out of a whole cloth invention of "problems" postured in dire tones.
The current instance appears it is not different than prior instances.
FWIW, the shorts proven incorrect insistence, here, appears it is based on nothing other than the very obvious error that they've made in assuming that any value that depends on investment supporting the use of trade secrets is suspect, and that they are a less useful method of protecting intellectual property than patent "protection"...
In the current business environment... the opposite is demonstrably true.
It might be "interesting" for the company to address this carefully in more detail, as it might be useful for them to determine what sorts of competitive interests might be backing the shorts efforts.
I'll find it useful to seek out other similar opportunities where a more astute management is not being voluntarily buffaloed into that easily surrendering the values they own as a result of considerable investment made in development of intellectual property in trade secrets. That value they own should not easily be surrendered to a shared public ownership, as occurs when the uses of intellectual property are made accessible in the public domain, while the promised rewards of monopoly are almost wholly subverted.
The patent system as it is now designed, and as it functions in fact, enables corporate theft far more than it enables any protections of intellectual property...
Hopefully, QCOR management recognizes that is true... as their exploitation of that awareness would likely make available to them a very wide array of IP in other areas, whose owners are already wholly unwilling to submit the values they've discovered to the enabled takings inherent in the patent process. There is no trust possible, now, in what were once routine IP matters undertaken with others. Companies do not find it useful to live up to their obligations related to their agreements re disclosure. They abuse the process. So, the process is vastly less functional than it has been in the past. We all are made poorer as a result... but, QCOR has already internalized the proper response to the problem that exists.
The reason QCOR has the value it does now... is that they've refused to cooperate or participate in the patent process in the way that the large companies intend they should... as that process enables the large companies in taking those values from others.
The patent process exists... to provide a TIME LIMITED protection of a monopoly in favor of inventors... to substitute the (assumed larger) benefits of a time limited monopoly for the alternative benefits of secrecy, in the public interest. But, the system is broken. The large companies easily game the clock (among other things) so that the value and benefit of the limited time protection has been broadly subverted now to the degree that it is not really useful for inventors to participate in a process that mostly facilitates obstruction of use rather than acceleration of it, as it also facilitates thefts in others use, while denying owners any benefit.
What QCOR has done with Acthar, they could easily do with many other things, were they to commit to the concept of NON-patented trade secret protection in cooperation with other IP owners who have already solved problems, in work that they are unwilling to have made public, as the benefits of doing that have been so broadly subverted.
If, against the grain of the current reality in the market, QCOR management proves you can trust QCOR to keep your secrets ? Inventors might flock to the model, so QCOR could be enabled in competition in many areas with a promise of protections comparable to those they've achieved in Acthar... without the problems inherent in having the value of an inventors work expire before it is able to be used in the market.
The primary value QCOR has is inherent in their alternate approach to the scheme in the management of the IP... and, to the degree they are able to expand on that effort... they may find there are many areas in which there is as little competition as it appears is true in the case of Acthar.
That the shorts don't get that... is why they've proven wrong to the tune of a solid run from $1 to $40...
You can clearly tell it drives someone nuts... that that success exists... without it enabling QCOR's competitors, and without it having an expiry that depends on anything other than the competitive efforts of others that aren't being enabled by QCOR's own efforts.
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