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SIGA Technologies, Inc. Message Board

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  • greg_m_thornton greg_m_thornton Dec 13, 2009 10:37 PM Flag

    greg_m_thorton = paid basher

    I am just pointing out the risks of holding this highly speculative stock. If you can't take the heat then get out of the fire.

    SIGA could go bankrupt soon if its just over $7 a share offering falls through. At a minimum they may have to reprice the offering at around $4 share just to get enough cash in the door to not go bankrupt. Shareholder lawsuits might be coming.

    This is a very dangerous stock to hold right now. You might get lucky and the stock go back up but your odds are better going to Las Vegas and playing the slots. Be smart, sell this dog before it falls farther.

    No doubt the company will try and pump up the stock tomorrow. That is their job. They will claim everything is great and don't panic. Don't be fooled. Sell tomorrow and cut your losses. Don't buy back in until it hits $4 a share.

    Fool me once shame on you. Fool me twice me twice shame on me.

    Don't let SIGA management fool you again tomorrow when they try and pump up the stock. If the stock does go up tomorrow then sell and get out while you can before everyone realizes they have been duped again and the stocks falls even farther....

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    • I've owned this stock for years and you're here to straighten me out? If you're going to be effective as a basher, you're going to have to be more creative. You're just regurgitating the basher 101 playbook. Do you think anyone on this board believes you are a real investor? The tired cliches are boring as well. I know you get paid more when I post to you so consider this one a holiday present.

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