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SIGA Technologies Inc. Message Board

  • musherga musherga Feb 8, 2013 1:57 PM Flag

    no buyout

    Who would buy a company with a pending lawsuit? Obviously 5 star has a horse in the race. The article is pure pumping. But the headline attracts investors who will do their due diligence. If they do they will find a commencial stage biotech with a pipeline and a contract worth hundreds of millions and a stock that is way oversold.

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    • It's a lawsuit with a known worst case (half of st-246); and depending on your view of the appeal process, there is a huge upside possible. So with those facts in hand, I would imagine it being not to hard to put a 'low risk' valuation on the company.

      That said, I would hate a sell at or near current value.

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