for a long, long time. what has management done to counter this recent 50% drop? promote their Ebola drug? make good on "partnership" promises? reduce the O/H costs, via lower salaries? Or just sit around and do nothing, as usual, and collect their WAY over market rate salaries?
Shouldn't you still be embarrassed by this? Thought everyone forgot:
4 users liked this posts users disliked this posts 6 Reply Here's How it Works - Why There is BUYING if SIGA stock today.sellhighdrinklow by sellhighdrinklow • Aug 5, 2014 2:09 PM Flag
There is inside information out there that something good is about to happen for SIGA. What good news? Who knows... BUT, the CC yesterday stated some generalities that could lead to good things for SIGA. This is enough for the "insiders with information" to buy SIGA stock. The SEC would have nothing to go back on those that buy going forward because there was a carrot that was dangled in the CC. Less
Sentiment: Strong Buy
golongin, what I'm confused by is the fact that Parsons seemed to have gone outside what was expected or speculative at that time about BARDA, and inferred that BARDA had actually been created, even though at the time they were non-existent. If a company's "expectations" at the time were LOWER than what the actual market had become, would a judge be entitled to award based on the current conditions, or only on what they had expected? I am still baffled that he was able to award MORE to PIP than what actually transpired in reality. Regardless of what the law says, that just seems backwards to me and inappropriate from any standpoint. Law is supposed to be based mostly on common sense and rationality, and this decision oddly did neither.
Right and siga and Rose are too stupid to use this as a silver bullet in negotiations with PIP. Even their legal team is too dumb to figure it out. If you and I had run this thing golong, from 2008, it would he a billion dollar market cap company.... buy maybe I'm just speculating!!
How are the RIGHTS to the drug HANDED over to PIP? That's the stupidest thing I've ever heard. No IP rights are EVER handed over in BK court. Just the balance of the cash is distributed after all of the assets are liquidated. They won't just "hand over" the rights to PIP. You can't be serious. And, if so, BARDA would just be okay with PIP handling everything from here on out? How stupid.
And why EXACTLY does it bother you that I tried to call the office to tell Eric Rose what I thought of him and his team after all I've been thru?? You actually are the one that sounds a bit like a weirdo. Walk the streets alone at night much, do you?
and was told he is out of the office on vacation. Are you kidding me?!?! How unbelievable. His company is tanking, lost a MAJOR lawsuit and more than HALF of the company's market cap value in less than a week, and the guy is on VACATION!!?!?!
And that doesn't INFURIATE you people??? He makes a MILLION dollars a year! That's SIX zeros! And his company has a MAJOR issue and he's off on vacation??
WORST MANAGEMENT EVER. If you folks don't want to hang him by his balls during the next conf call and/or investor meeting, you've never had any real skin in this game.
Raises and 1M free shares are coming for them all. They need to be compensated for all of the stress that they have caused themselves. It's the only fair way. We NOW know why Rose never bought a SINGLE share on the open market and only sold at the peak. He had inside information that they were legally screwed. I swear, if I EVER see that guy in public, I'm not going to say a thing and just walk up to him and slug him in the face.
Hey, sellhighdrinkyourselfsilly....shouldn't you be somewhere licking your wounds after saying that the action prior to the ruling announcement meant something POSITIVE was going to happen for SIGA? What a loser. Talk about reading the tea leaves on the wrong side of the leaf.
You are SUCH A MORON. Really. You sit around 24/7 and accuse people of being bashers, hedgies, and whatever else....meanwhile this stock and company that you defend, as if it is with your honor, continues to make mistake after mistake and is literally TANKING. How stupid can you be? MAYBE you're the one that works for a hedgie and gets paid $7 an hour to convince people to BUY this stock so that they can short it. Only conclusion that could possibly make any sense.
golong, and if this management team weren't so blindly and ignorantly stupid, they'd use that as a bargaining tool with PIP to their advantage. I'd go into their office and say this: Guys, there are two options for you, (1) you settle with us for $X, or (2) we claim that this ruling, the current one, has forced us into BK and you will get nothing. I'd recommend you go with (1). Let me know in two days what you decide. See ya.
But, our CEO is too much of a friggin moron surrounded by other idiots like Luckshire, to think of using this as a tool. They're too busy playing the martyr and holier than thou, which hasn't worked, at ALL. Period. In fact, I truly believe that worked AGAINST them during this process. PIP was sounding off every chance they could get and nothing went against them. This whole ordeal has been nothing short of one fumble after another and I am frankly happy to finally be free and clear of it.
No. It trades as if people finally realize this management is just too stupid to know what to do. You invest in management. Not the product. Not the company. Not the market. Took me a long painful time to learn that.
golongin, while I agree 100%+ with you on the management failures, I have to contest the issue of Parsons using what was testified and not going beyond that. For example, BARDA was NOT formed, or close, yet he uses the fact that it WAS formed as a statement in his finding as evidence that it was likely. He based a lot of his opinion on post-breach facts, and only to slam SIGA. It REALLY feels that he went out of his way to intentionally leave SIGA in a worse place for appealing his initial ruling. The bias in his 2nd ruling is disgusting and appauling. Either way, we can blame the management for the way they've approached this WHOLE lawsuit. No question, Rose should be OUT. No question at all.