I'd say this price action means exactly the same thing the previous low volume up/down waves have meant for long term investors: absolutely nothing. It's day traders playing the cycles, thereby amplifying the cycles, just as it has been for years and years. And, as always, year after year,, you were revved up like a golden retriever about to get walked at the peek, and then bitterly dejected on the trough. The emotional intelligence and memory of a weather vane.
Some of the recent rise was due to actual news - the DE Judge's positive opinion about the appeal. And some of it stuck. We certainly seem to have escaped the $2.50 level. But SIGA's stock price swinging? Geez, what a huge mysterious surprise!
And people call ME know repetitive?!? Wow. All this guy ever does is claim "this price decline means nothing". For three years now he's been claiming he's in this stock for the long term of two years! And she says that at least every six months!