I own a few shares and plan to walk at some point soon. Already sold most a little higher than today's price. As for SIGA...it's a very small holding. I figure a call option that expires if bankrupt. Otherwise if SIGA actually starts making sales again for national stockpile and abroad as well I figure there's plenty of time to add if warranted. At best new drugs can start to be developed. GLTA
A lot of wrong has happened (not minimizing major mistakes) but the one thing that remains true... SIGA has a drug that works (based on studies and use). I truly "hope" Ruby can work the magic and begin work in some of SIGA's other potentials.
Stocks a bit expensive but kind of makes sense to me. Lots of growth ahead. I could see this company bought and wrapped into an existing franchise company like Popeye's of Chipotle similar to Yum.
Are burgers no longer the hot food group?
I get the short play and why they can raise doubt. That said I view this stock given its price as a Call option with no expiration(unless it goes bankrupt). So I don't own much. If deals materialize along with real earnings down the road price will finally move higher. And not just $1 to $2. Cash flow generation should see price go much higher. I'll have plenty of time to add along the way. Until then I don't want to be handcuffed by the "Short" tactics. GLTA
Nor the firm White Diamond Research appear in the CFA directory? Yet they claim CFA in the report. Also the CFA institute rules do not allow for the firm to suggest it is CFA designated. The proper use of that credential requires the individual to display after their name with specific guidelines. I doubt this guy is for real.
The companies they have negative research on are still in business! What's that got to do with credibility? I doubt they will ever offer proof to their so called list of Hedge Fund customers!
I see nothing new in White Diamonds research. Backwards looking. Not denying the past history nor the challenges that lie ahead. But that's the case with any company. Hydrogen is interesting to me given Japan's drive to energy independence using Hydrogen.