Just the fact that it has taken Parsons this long to formulate a remedy , along with his first misjudgment(SC struck him down), shows that Parsons judgment is nothing but speculation.
Looks like the investment community including the PIP shareholders, just like SIGA management, believes 194m is too much to pay for this dispute. I say this based on 1) SIGA has the money and PIP would get it one way or another unless the SC changes the award. That seems pretty cut and dried. So why doesn't PIP longs buy up all PIP stock which should be at least double from here? 2) You don't see PIP insiders buying PIP stock. ( Chang the CFO is selling) 3) You don't see institutions buying. 4) SIGA has much more insider and institution holding than PIP.
Now answer me, why isn't PIP's PPS rocketing up? HUMMMMMMM????
I guess Parson is a "practicing" judge being "well, if that pill didn't work, then try this one that I have already rejected being there was nothing in the capsule."
wants to negotiate with SIGA. I think the SC has told Parsons not to sent up such nonsense to them. Remember PIP has the upper hand. So why would they now want to negotiate?
I think the SC does not believe and I totally agree, that SIGA should suffer more than they would have if an agreement was consummated. Yet, even with that I do not see that the courts should be able to force an agreement, unless there was a signed contract. Negotiation in bad faith, what price? Someone is crazy and his last name is Parson.
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Yes, if there had been a signed contract, then SIGA should have to pay Parsons judgment. But there wasn't!