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SIGA Technologies Inc. Message Board

  • drod4ball drod4ball Nov 7, 2013 1:39 PM Flag

    golongin - ONTX?

    What's the deal with this one? Didn't you say you loaded up at 18+? Is it going to continue down? Sucker was at 30 not too long ago. What gives??

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    • Yes....ONTX has turned out to be my NFLX....LOL! Sold half of my position on the rally back to $18.50 one day a few weeks ago, on C's "buy" upgrade and new $27 price target. ASH is meeting coming up, and ONTX's abstract for lower risk MSD patients for their most advanced drug was released today,and apparently is somewhat disappointing. Obviously some people got the advance word on it as there has been relentless selling in the stock for weeks now down from $30. Typical crooked stock market we're all in.

      So I'm holding now half of my original position (which is still fairly large) at an $18.50 avg, and sucking wind
      for sure. We'll see what they say when they present, but the market obviously has obviously voted and doesn't like what they've read (although it was only a 34 patient trial for lower risk MSD patients). From what I read there were 7CR's....12 PR'S....and 15 NR's. It was the 15 no responses out of 34 patients that obviously has the market spooked by.... IMHO...

      • 2 Replies to golongin2008
      • As an FYI--- AF is also twittering that the abstract showed "no responses" when the official summary clearly stated there were 7 complete and 12 partial responses. Someone's short this name, but they have to cover sometime...

      • Yeah, the more I'm investing the more I realize what a big crooked fraud this whole market is. It's a joke. Just one big scam taking money from the little guy.

        Well, I'm in for a few shares at 13.72 now. I figure it has to be due for some sort of small short term jump. If not, I lose a couple hundred dollars, no big deal considering the year I had, it's small potatos!

2.50-0.1000(-3.85%)3:59 PMEDT