The Arora Report

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May 5, 2009

CONSIDER SHORT SELL QDEL (QUIDEL CORP)

Inventories are bloated. The company’s flu test does not test for swine flu. Upside reaction is overdone. Consider lightly scaling in short position right here at $11.60. Add on spikes up.

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VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
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