SIGA landed a gov contract for their oral smallpox antiviral worth 480 million. They have to split the profits with PIP 50/50 because of a law suit. Their market cap is 200 million with no other products on the horizon.
If SNGX lands a contract similar to SIGA which would be 200 million or so they should easily go from a 20 to 200 million market cap. So stock price should also increase 10 fold. Could easily go above 10$ a share.
RET are you still holding? Just wondered how all the seq. cutbacks might have on dampening demand in this space. CBLI popped 7 cents on N. Korean nuclear threats. SIGA doesn't look strong, maybe for a dble on reversal news. PIP is gaining traction? Still keeping my eye on this. Have been playing other OCTs; GNIN & MJNA (that sec was on a high) earlier with good results. Trading as opposed to holding. Holding TSRX, VTUS right now. GLTY