It's funny how people think Rose has much to do with this company's direction. This is Perelman's company and Rose is his pawn.
3rd Qtr conf says most of the changes will be finalized in 2013 and layered in 2014--I am expecting big news before Dec 31. Below is the statement from Rose. Could it be that the market is stealing shares now pending possible news?
"At the heart of the optimization program is a commitment to match the company's resources, staff and efforts with near- and long-term opportunities. One element of the optimization program will be a reduction in the workforce. Other elements of the program include the discontinuation of our early-stage drug discovery operations and our decision to seek a partner or partners for the further development of our dengue lead candidate and other preclinical antiviral candidates. We believe such decisions are warranted in order to support efficiently the Arestvyr business and to provide the necessary financial strength and strategic focus to pursue the best growth prospects.
Going forward, we're targeting approximately $6 million in annual cost savings from the optimization program. We expect to implement most of the changes by the end of this year. We expect to layer on the remaining changes during 2014"
"The signs are strongly pointing to something going on. Like Pfizer buying SIGA or even BOTH companies. Look at the numbers. They could buy both companies,"
They could but they will not.
Because RP will not sell THE CURE for smallpox to anyone & Pfizer is too smart to buy POOP!
But if you had billions & had the chance to join the ranks of Curie, Fleming,Salk etc & the ability to set up a philanthropy/foundation
to honor your family using a cure for a disease that has plagued the ages, would you sell?
Perhaps a SIGA/Pfizer partnership on Dengue efforts?
But no sale ......to anyone!
Honors, awards, recognition, glory etc. but no sale!
Buy a few or gret you did not.
Sentiment: Strong Buy
But, wait... We were fast-tracked!!! Lol.
Golong, I really agreee with the SA author. The signs are strongly pointing to something going on. Like Pfizer buying SIGA or even BOTH companies. Look at the numbers. They could buy both companies, pay a nice premium, and dump all that overhead. They get the money and the coming money, plus all future re-orders. Something will happen in '14. There are just far too many biotechs who will see this opportunity and pounce...
Jay....FDA approval in 14 months? Where did you come up with that....which orifice? I thought it was more like 13.6 months, but I would be purely guessing. LOL!
Seriously man....You are clueless on the FDA process. Before you can get approval you have to submit a clinical trial design. Then you and the FDA have to agree on a trial design called a SPA. Can probably be animal studies in this case but it still has to be an accepted protocol. Thus far, Siga and the FDA have not come up with an acceptable trial design, or plan for a trial design, In fact, Siga may not even want to at this time as until they obtain FDA approval, all revenues from the BARDA contract can be classified as "deferred" as a condition of the contract has not been met. Thus PIP cannot get their hands on the money now, and if they never get FDA approval...perhaps never. The new judgment on damages might clear up that loophole however..
"maybe a hedge fund or institutional investor dumping."
1. Portfolio managers window dressing for 4th quarter reports aka getting dogs out of portfolio to snooker
new accounts or retain old accounts.
2.Many have gains, big gains, elsewhere & are offsetting their losers for tax season & will reenter after 30 days since they do not expect anything to move CURE up for awhile(they could be in for a big surprise.).
3.Many just taking losses for 2013.
4.MM's' manipulation so options they wrote expire worthless to avoid family starvation for the holiday season.
5. Many bailing rather than having the patience to wait out the roadblocks resolutions.
To sum, fear, greed & taxes rule.
Buy a few or regret you did no( CURE is a BUY anywhere to $20 for huge gains whenever in years) BUT avoid POOP or trade if nimble.
Sentiment: Strong Buy
After many months on the sidelines, bought back in today at 3:55 pm. Worst-case ruling by Parsons is now priced in. Holding now for FDA approval which will arrive within 14 months....
No...Looks more to me like the insiders want to drop the stock so they will get more when option time rolls around shortly. LOL...
Got my buy orders placed in the low $2.90's............
So.....siana?? Which of us was right? You or me? I said sub 3 by December. Come on, bring yourself to admit it, you were wrong and I was right. Until everyone comes together and starts putting pressure on KCSA and management, they will continue to not give a sh1t. GUARANTEED.
Why would someone apologize for being RIGHT while you're wrong.
By the way...the "create a similar ID" thing and trying to post as the person is old and worn out. You're
about 6 years late on that one, but you get a C- for attempting to be creative and funny. Put it this way,
you'll never open for Leno.
for being an #$%$. My bad and please forgive me my brothers and sisters here in Sigaville. You are all my people. I covet your communication to help me...in all aspects of my life.
Sorry and Thank You.
There's the thumbs down sissy that I'd knew would come out! How are your balls? Let me tell you...they're missing.