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SIGA Technologies, Inc. Message Board

  • windinthetree windinthetree Apr 29, 2014 4:14 PM Flag

    Monster buying in PIP


    396 shares bought up in the last minute of trade of PIP shares. All those shares bought in a total of 4 MONSTER buys. All day long buying at the bid and even a couple at the ask. The computer could hardly keep up with the incredible pressure of the onslaught of trades. The 20 share block trades were just flying by, sometime 3 per 15 minutes. Yes the PIP shares were hot today. Volume almost exceeded the server capacity, but lucky for the market makers the volume slowed. I heard that some of the longs in Pip even doubled down and bought 2 shares. One institution, that will go unnamed, bought 23 shares at one time at the bid.

    Meanwhile, SIGA was up 3% for the day.

    This topic is deleted.
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