Quidel Corporation develops, manufactures, and markets diagnostic testing solutions for applications in infectious diseases, cardiology, thyroid, women's and general health, eye health, gastrointestinal diseases, and toxicology worldwide. Why I'm buying right now: Price target is from low 165.00 to high 341.00 2019 earnings - 72.92 M -> 2020 earnings - 810.29 M = 1111.2 % Testing is increasing again and we are still above 1 M tests per day Covid situation in world is indicating third global wave with Europe countries leading it
I am completely miffed why the price action is so severely negative. It might have run up a bit but not by 50% in a time where we are still not beyond covid testing.
TulipMania1636
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@davidlilly, That's simple, a many insiders was selling between 200 - 250 and the second reason is that a institutions and large shareholders was trying to take the profit. But I expect to see another pump before May earning when everybody wants to jump in again. You can see these pump and dump methods on stocks like this when there's a lot of large shareholders that can affect price pretty easily.