DO YOUR OWN research and not let people blow smoke at you. If you examine the cases that have been decided, more than 80% of the decisions rendered where it was affirmed have come down in less than 40 days or so. Full reversals take longer in the 50 days or so range.
Know what instance takes the longest? Partial reversals and remand. They average around 65 days. We are about 61 days (plus or minus) post oral arguments on appeal. I believe that there is a general understanding that it does NOT take 60+ days for the Supreme Court to just affirm wholesale a case.
Correlate that with the movements in price, you will see that generally around the time frames that I mentioned, movement took place because a decision was expected.
I am not blowing smoke and people can spin whatever they want. What you cannot deny is that this is taking much longer and the more time, the less likely they decision is in PIP's favor. I am here to make money on facts, people can hate or love a stock but I am trying to help those who would listen so they can hedge (if they want).
OK - got the data from 2012:
Type of Disposition Submission to Disposition*
Affirmed 435 196.6 days 38.7 days
Affirmed Part/Reversed Part 6 508.3 days 69.8 days
Reversed 38 347.7 days 51.7 days
Remanded 7 143.2 days 18.5 days
Voluntary Dismissal 49 110.8 days 0.0 days
Court Dismissal 171 80.8 days 13.3 days
Leave to Appeal Denied 25 23.9 days 8.6 days
Other 16 97.5 days 27.9 days
You have a point ....
Funny but how many people attacked me personally and name calling when the data is there. PIP wins or SIGA wins, doe snot matter. People just do not want to think about facts, just attack the messenger .... this is the first and last time I try to share FACTS and will leave all of you to cheer each other to your "truthiness". I will do my own analysis and keep it to myself.
BYE ALL and good luck in whatever position you take. Consider this a final gift.
From 1/9/13 thru 3/5/13, the Delaware Supreme Court dealt with 5 cases from the Delaware Court of Chancery. Two cases were affirmed - one took 82 days, the other 78 days. One appeal was dismissed for failure to perfect the appeal, and the Court denied 2 motions for review of interlocutory orders of the Court of Chancery. Trying to figure out how the Supreme Court will rule based upon statistics of the length of time from submission to decision is a very slippery slope, and in my opinion is generally worthless.
1. Unless you post where you got this info, it not facts just you mouthing off.
2. You fail to mention two very important facts- PIP has a far greater volume interest and risen much more than SIGA. What does that say to you?
"PIP has a far greater volume interest and risen much more than SIGA. What does that say to you?"
It says to me that it is just playing catch-up: when siga was $2 pip was $1 thats50% now siga $4.40 PiP $1.80 thats 40%. People valued PiP higher when 50% profit sharing was "in-the -Bag".....
1. Start with going to the DE courts own records .... wild I know, but you should at least try to look at original sources and NOT spin. Where else would you look to see what the court did? hmmmmm
2. I don't give a (*&*^ about PIP open interest. I am not talking about trading or more stupid people buying or selling or whatever in one or the other. I am looking at the DE Supreme Court actions and facts.
You must be a very bored person that this is the best use of your time. Why do you care? I've met people like you that thrive on any attention, good or bad. Now you got some more. But it is creepy the way you post on here all the time about this stock. Can't you find a shelter to volunteer at or something better to do with your time than to try and control the conversation on this site? We get it, you don't like PIP. Move on already.
Your facts offered: 0. Analysis of the stock and situation: 0. Spin on hot air: 100%. Why do you care that I am talking to other people, if it does not apply to you or matter, then move on. This is a BB for discussion. Your passive aggressive personal attacks contribute nothing to the discussion.
Repeating that it is 3 times under the same magistrate does not make it so under appeal. My car started this morning and so for that reason that means it will DEFINITELY start tomorrow.
Spinning without looking at how the DE Supreme Court is behaving up to now is just spin.