June 5, 2006
SpeculatingStocks.com Stock Pick: Questcor Pharmaceuticals, Inc. (QSC)
Stock Price: $1.88 (short-term strong buy)
Questcor Pharmaceuticals, Inc. is a specialty pharmaceutical company that acquires, develops, markets and sells prescription drugs through a direct-sales force in the United States and through international distributors. The Company focuses on the treatment of central nervous system (CNS) diseases and gastroenterological disorders, which are served by a limited group of physicians, such as neurologists and gastroenterologists.
QSC is a drug distribution company with total revenue last year of $14.16 million and profit of $7.39 million. The company's first quarter is behind them with the best quarters still ahead. QSC has over $15 millino in cash and short-term investments on the latest balance sheet released by the company ending March 31, 2006.
QSC trended up from under $0.50 to a high of $2.64 in a time span of six months. QSC has since hit a low of $1.45 and has been trending higher since.
SpeculatingStocks.com Target Price: We expect QSC to reach $2.60 within the next 15 - 30 days.