Sorry to all the desperate longs on the board. I have noticed if anyone posts anything negative or realistic about SIGA they immediately give you a 1 star rating in hopes of hiding your post.
Sorry longs it has been a horrible last two days. But, at least you have some of your investment left.
SIGA is in a death spiral. Just get out before it goes bankrupt. At least at $5 a share you can get more than half your money back. If it drops to $4, $3 or $2 a share over the next few weeks you really wish you would have got out while you can.
Down on huge volume is a very bad sign. Sell and move on while the shares still have some value left.
If the $7 a share financing deal falls through SIGA could go bankrupt in a matter of months and then your shares could be worth $0 a share.