Jay....FDA approval in 14 months? Where did you come up with that....which orifice? I thought it was more like 13.6 months, but I would be purely guessing. LOL!
Seriously man....You are clueless on the FDA process. Before you can get approval you have to submit a clinical trial design. Then you and the FDA have to agree on a trial design called a SPA. Can probably be animal studies in this case but it still has to be an accepted protocol. Thus far, Siga and the FDA have not come up with an acceptable trial design, or plan for a trial design, In fact, Siga may not even want to at this time as until they obtain FDA approval, all revenues from the BARDA contract can be classified as "deferred" as a condition of the contract has not been met. Thus PIP cannot get their hands on the money now, and if they never get FDA approval...perhaps never. The new judgment on damages might clear up that loophole however..
No...Looks more to me like the insiders want to drop the stock so they will get more when option time rolls around shortly. LOL...
Got my buy orders placed in the low $2.90's............
AK....Hope you got into this one my man.... Yes...Your wife was right on AFFY, but not so much on TSRX...LOL! Hope you bought some DRTX and TTPH. Bought SRPT on the day of the sell off at $12.85. Bought ONTX and in the red with that name though.
Probably will sell some RLYP tomorrow for Christmas! Been one heck of a year in the bios for me frankly
with all of the above. Heck... I even made almost six figures selling AMRN at a $10 avg...LOL!
Hope you are doing well too and if you have some ideas keep me in mind. Always valued your input!
Siga is a POS but a predictable POS when it hits $2.90..... You see, most here buy this POS in the high
3's and hold it into the high 2's. It think it is better to buy it in the high 2's and sell it in the high 3's.
Just my opiniion though. I'm sure Kage...Boomer....Zitlips...and Eastern will disagree.
GALE.....Quite a potential pipeline it appears and some that could really be blockbusters if the data is good.
Have to look into it alot deeper to get a feel if it is legit or not. Chart wise though doesn't look so hot as it appears to be rolling over from the highs it just put in and could retrace all the way down into the low 3's IMHO.
Will try to get a better feel and let you know. Thanks...
Sudn....Will take a look and post. Thanks for the heads up. Too busy now watching my RLYP go through the roof. Bought that one at $11.98 the day it IPO'd... Very lucky.
"Very good news"? They're exchanging their 50% interest in the JV for Rice stock in the coming iPO.
Worth 200 mil plus they're getting 100 mil in cash. A total of 300 mil? ANR can lose 300 mil in a write off of
coal operations in a nano second. It's a nothing event. I thought the holdings would be worth a whole lot more
Hey...I hope you realize that the CEO's compensation is listed on Form S-1 at page 105 along with the other officers and directors. The CEO made $18,632,310 in total compensation in 2013. I could care less if 14.5 mil of it came from free shares of stock issued to him. With a company losing what this one is any compensation north of 750k is a rip as far as I'm concerned. Heck...put me in as CEO and I'll guarantee you I will save the company 18 mil in compensation. Anyone can lose money, but to get paid 18 mil plus for doing so is a joke.
Drod....Wasting your time. 95% of the people who post here have lost their shirts on this stock yet they defend it daily. Kage is just an example of the nuts here. The more they lose the more defensive they get about facts or criticism. I think most of them must work for Fox News.
They are. The stock went from 6-12 in a year. 100%.... Not too bad if you bought when most
of us here probably did.
The future? You tell us...Buyout....Go it alone....Any problems on the way?
My crystal ball is not working that well right now so I'll defer. What does your say?
That's a crock re the institutional interest and the lawsuit "holding things up". The lawsuit is not going away gang. The liability aspect has been affirmed, on appeal. It's real. It's a fact. The only remaining issue is damages.
Institutions do not buy one product...one contract....no pipeline...$3 stocks. Plain and simple. If insiders will not buy the stock at $3 how does "Todd" believe institutions will be persuaded to do so?
In large from $11.98 and it hit a new high today of $19.60. Straight up in about three weeks.
Glad no one here owns it other than me and sumamj48. We're the lone rich wolves right about now!
This company is the laughing stock of the Street right now. A CEO who makes over 18 million for a company losing three times that much a year. You got to be kidding? Sales are going south. Product cycle is taking much longer than anticipated. The market is developing much slower than everyone thought. The name of the game now is survival. Either cut expenses and salaries drastically, or this one is dead on arrival. Seriously.
They will not be able to raise a dime the way things stand today.
What is interesting about some of the nut jobs on this Board is that I posted ten (10) factual statements about Siga as a company, and NONE were, or really can be, refuted. All of those facts have contributed to the fall of the stock from $16 to the $2's. Yet four of these nut jobs give me thumbs down on the post.
Only logical conclusion is that they're in 100% denial. Would be kinda like being handed ten (10) 8X10
color photos of your wife in bed with the gardener and her response is "we were looking for places to plant some indoor potted plants" and you believe it! Crazy.
Getting close to my trading buy level of $2.90. Probably will end up buying "Kage's" stock when he panics for good and decides to dump the rest of his losing shares that he has held from $16. Of course the lying Zidlips will say he sold all of his at $15...LOL...
So many liars on this Board. Drod tells it like it is and he's shouted down. Ditto for me frankly. All I have posted was facts, but nobody wants to hear the truth here do they?
1. Fact ... There has bee no FDA approval for ST-246 to date, or even an approved FDA SPA for it.
2. Fact.... The company has no reportable profits to date from the sale of ST-246..
3. Fact... The company has had one customer since it was formed...BARDA.
4. Fact.... Only one contract has been entered into for the product produced by this company. With BARDA.
5. Fact.... There have been no sales of the company's product to anyone else since the date of formation.
6. Fact.... There have been no sales of the company's product to any foreign nation.
7. Fact.... The company's "pipeline" in not past the pre-clinical stages of dvelopment.
8. Fact... Major insiders sold millions of dollars worth of stock more than 3 years ago from $12-$14 and have
not bought back one share of Siga stock on the open market since that time.
9. Fact.... The company continues to grant incentive stock options to Officers and Directors of the company
dispite the fact that the stock has lost approixmately 80% of it's value during the last three years.
10. Fact...The judgment in favor of PIP in the PIP v Siga litigation was affirmed on appeal on the issue
of liability. The issue of damages was remanded back to the lower Court for further determination.