There was an article about it in yesterday's Lexington Herald-Leader. If you do a Google search on "ebola" and "tobacco" you will find it.
Turns out that the drug is made here in Kentucky using tobacco - finally, a legitimate use for tobacco. You cannot imagine the disappointment that I felt when I found out that it was not SIGA.
Is this SIGA? Any guesses? WLW-AM 700 in Cincinnati mentioned today (Monday, August 4, 2014) around 5 pm that "the experimental drug (no mention of the company) was proving to be effective". With word like that getting out, SURELY the media will start wanting to know who is producing this?
The article from May 14 is EXTREMELY one-sided, ignoring key elements that would favor SIGA (such as the "non-binding agreement" at the bottom of each page of the pre-merger agreement).
I can't imagine how the verdict ever went against SIGA to begin with. "Non-Binding", for heaven's sake, is hard to misinterpret. I'm starting to go with the theory that I've seen posted on here that the judicial system is completely and thoroughly corrupt, and you'd better hope that the powers that be are not shorting SIGA.
So.... my prediction is that the first decision was to allow more insiders to buy in. The second decision will reverse the first decision in order to launch the stock. I just wish that these things didn't take so long.
I'm going to base all of my trading decisions now on one theory: that court decisions are used to manipulate stock prices. There is no way that SIGA should have lost the first court decision - "Non-binding agreement" should have been the end of that. Kind of like the enumerated powers SHOULD have been the end of the discussion on Obamacare.
Having bought SIGA back in March 2006, I wonder if SIGA would have been better off trying to find a cure for strep throat first instead of smallpox? Were there medical reasons why they choose to explore cures for smallpox first, or was it simply because of government funding? Would the process for approval have gone more quickly for strep than for smallpox? Why aren't we hearing anything at all about ST-669 or any of the other anti-virals? Lord, this is SLOW! I thought that we'd be driving our Bentleys two years ago.
Main Street. Thanks. I'm a SIGA long - early 2006 - and I, too, took the long slide down from $14. Looks interesting. Certainly has a rising trend up.
There is a story on the PIP message board concerning large-volume trading of PIP shares in the after-hours markets. 3.6 million shares, ten times the average daily volume. Does anyone know anything?
A friend of mine just sent me this. It's not a "SIGA friendly" article, unfortunately. I'm not sure where whoever wrote this got their information, but it implies that the feds already have a huge stockpile of ST-246 which isn't true, is it?
I'm a SIGA long - bought back in March 2006. I've held ever since. I really wish that I had sold at $14 on the Monday after the contract announcement.
Wiser people than me (that's a low bar), please jump in on this one. A huge number of shares of SIGA are already owned by institutions and insiders, right? And long-term investors (such as myself - five and half years, thank you). A lot of people holding SIGA right now bought in at OVER the current price and, like me, think that SIGA is a great long-term company to own. Would institutions with deep pockets be accumulating right now? I would be. Won't we, at some point, see a real tightening of available shares in the very near future? Shouldn't there be some squeezing going on right now? Surely no institutions are dumping at this point, are they? If I wasn't already "all in", I'd be buying with both hands right now.
I'm beginning to think that it's just market manipulation by the power elite. How in the world can you ignore "NON-BINDING AGREEMENT"? PIP had NO documented evidence, did they, to support their case?
SIGH.... part of me wanted to sell half of my shares at $14, "just in case". Now.... we wait, and wait, and wait some more. How long for the appeal? 1-2 years? Should we expect more piling on now from Issa? Really, I hope that SIGA goes all the way down to 1 cent so that I can buy a ton more - When it hits $2, I'm buying 10,000 more shares.
Has anyone heard about this?
Use of a targeted oncolytic poxvirus, JX-594, in patients with refractory primary or metastatic liver cancer: a phase I trial.
Is there an investment opportunity here? Does this help or hurt SIGA in any way?
LOL Give PIP "one Bentley convertible, 2007 model".... maybe throw in some Lady Gaga CD's? "Poker Face"? "Bad Romance"? "Bad Romance" would be TOTALLY appropriate, wouldn't it?