QDEL down 25%

[Pillsbury41]

Saw this on a show he said and wonderin why it plumeted. I Have no idea when it will stop dropping but its on my watchlist for when it settles. Any thoughts of a stop price?

[englishman26]

When did Cramer recommend this?! Right at the top and then it droped 25%! Wow!!

Well it recently hit it's lower bollinger band and flatted out. I find it hard to believe it'll drop more especially as it's well below all of it's moving averages and there is no news to push it here. There must have simply been a perception that it was overpriced and people took profits.

So my reading of it is that it goes up from here. But don't trust me - I'm having a bad week!