$QCOR Let’s squeeze some shorts (25.38%)

$QCOR – QCOR has been hot as of late, posting 4.63% gains on a typical low volume friday. Earnings are coming on 30 Jul 13 and we at Flood City Trades think that $QCOR could put up a $TSLA-like run post earnings. Of note, Q1 was a miss for QCOR, with beats the prior 5 Q’s.  Fundamentals continue to look strong and with Jun upgrade to outperform / bearish estimate based on Q1 miss, QCOR may be due for a large beat here.  See chart with notes/staging/TA below and fundamentals.

Disclosure:  No position in $QCOR at this time. We are eyeing Aug17 ATM or slightly OTM calls for an earnings play, trigger is above 50.63 with continuation of volume.



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