I understand that the MACD is drifting down here, but selling remains .... restrained. If this stock simply gets a reason to be bought with the little selling that is present lately, the move up should be quite impressive.
This is a headline story stock for now with so many decisions right around the corner.
The deadline for SIGA to respond to PharmAthene's brief is Today- Tuesday, July 30
Then PIP has until the 8th to respond, with a brief. Everyone has made their bets and awaiting some resolution. The worst case scenario is if Siga loses and Perlman decides to play hard ball with accounting gimmicks. The best for all parties is an unlikely settlement which would make no sense given the amount spent on legal fees till date.