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SIGA Technologies Inc. Message Board

  • bryanj901 bryanj901 Aug 17, 2014 11:02 PM Flag

    frwdlook give the guy a break

    bkarma is asking a few questions. Why jump on him. He doesn't own Siga stock which means he is better off than most on this message board.

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    • That was very nice of you. Thank you. I saw this stock as one of four companies, I believe as trying to find a cure for Ebola. I wanted to get some feed back and sentiment and entry point from long term investors to get a feel before I decide if I want to enter. That is all. Please click on my user id and read my post and feedback from others. I believe they can be quite informative for investors but mostly new investors. as I only post that which is objective and helpful and seeking peoples opinions. Thank you. Much success. I do not currently have shares in this company

      • 1 Reply to bkarma9
      • Here's what you need to keep in mind. There is great uncertainty as to how much SIGA will owe and ultimately pay PIP. Therefore, a new investor would be wise to allocate some of their investment to each company, or use options as a volatility reduction strategy. In theory, this is a zero sum game, with any perceived gain in value for one company offset by a loss in value to the other. Unfortunately, as the history has shown, these companies are inclined to waste a lot more money on litigation, to their mutual detriment. It gets worse. SIGA management have allowed this litigation to paralyze them. They have been judged unethical by no less than the Supreme Court of Delaware. They are more interested in frustrating their foe (PIP) than facing up to their incompetence and lack of integrity in order to put the past behind them and start acting in the best interests of their shareholders, which they have a fiduciary duty to do.

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