The last time I looked ($2.90 + .29) equals 10%. Actually, I'll need a little more than 29-cents per share to cover the cost of purchasing and selling. I am, of course, expecting individuals that have lost money in SIGA this year to sell their shares before the end of the year. (tax purposes) I will be buying at your predicted target - if SIGA hits 2.90 - and I will sell just above $3.19. I'll continue to play the bounces and I won't even have to create multiple IDs to argue wth myself. Good luck Drod.
It is time to sit on the side for approximately 7 - 8 weeks. SIGA will bottom hopefully below $3. Based on your risk tolerance buy a bunch in January with the aim of making a quick 10%. My one worry however is the market, in its entirety, tanking. If that happens all bets are off. That's my GUESS! GLT some.
Latter part of Sept. 13: manipulate stock price downward from $1.40 to $1.28. Beginning of Oct. 13: put out a "good news" announcement that drives the stock back up to $1.40. Profit of 9% in less than a month. EZ money for the in crowd.