% | $
Quotes you view appear here for quick access.

SIGA Technologies Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rocketdrug rocketdrug May 21, 2007 3:42 PM Flag

    What you people fail to understand is...

    Cheese you have a legitimate concern but it all depends how these future lots get distributed. If they become a private placement all at once sure doubling the # of shares at the current price wiil decrease SP by half. But what would be the point to such an exercise? Neither the new investor would appreciate that happening to his newly acxquired investment and shareholders would be VERY UPSET! Future impression of this company would be tarnished. If on the other hand shares were issued as future dated warrants very little impact would take place and given that larger players tend to hold onto shares longer than the day trading cycles we've seen in this stock to date could bring stability to the long term SP. So far Siga's management are credited to how they've conducted themselves so I have no deep concerns as to their intent with this future dirrected proxy. When the SP rallies and holds I don't feel it a bad thing at all in fact welcome the idea as an increase to bottom line and further expansion capital. Smart institutions want in and if the company was a scam such deals would not be currently entertained.
    The Rocket!

2.41+0.0100(+0.42%)Jul 22 3:59 PMEDT