At this stage of the game, investors should be treating it like that -- a game of chance. I've laid my long bet down and waiting for the ball to stop.
Hope cash and fwa are on the right track. Actually, I think you guys are. SIGA's last "days" of not paying up are numbered.
Morgan Stanley’s Apple AAPL +0.73% Analyst, Katy Huberty, has written two reports this week recommending owning Apple shares and adding to any positions in it. Huberty has multiple reasons that the shares should hit her price target of $110 and she has an upside case to $132 with the downside being $74.
This morning she estimates that value funds only own 9.8% of the float of Apple’s shares vs. 18.9% on average for the rest of the companies she covers.
She also believes that overall institutions don’t own enough Apple stock. Huberty estimates that the top 100 institutions only hold a 2.3% position vs. 4.5% at the peak two years ago and this is below Apple’s 3.4% weighting in the S&P 500.
She believes the Street is worried that the stock could peak around the iPhone 6 announcement/availability similar to the iPhone 5 two years ago. She doesn’t believe history will repeat itself since the larger screen iPhone will be launching when a large number of users can upgrade and China Mobile will add to demand since this is the first new iPhone available to them.
The shorts that are still holding their positions are getting nervous. Those who have media outlets are saying anything to scare longs into selling.
Well, it won't work. Cover your positions shorts. It's only going to be more painful in the coming days/weeks/months.
All good, rational points you raise. Let's see if one or both companies act in such a manner next week. I hope they do for PIP shareholders. Just not expecting it due to their history.
I have not followed the day-to-day or even the month-to-month developments in the PIP/SIGA saga for a couple of years now. That said, I did follow them for 2 or 3 painful years before that... and lost quite a bit of money in the process. So, I feel somewhat qualified to say that your scenario ain't going to be how it goes down. No how, no way.
SIGA hates PIP. PIP hates SIGA. PIP does have the advantage, however. But SIGA, unless there's been a change in top management, will go down fighting until bankruptcy is the only other option.
It certainly will surprise me if we get a joint statement, let alone a separate statement by both companies on the matter by Monday.
To me it shows the eagerness of the public/investors/etc in this coming years release of products.
Even the purported "hiccup" in possible screen brightness issues aren't having a negative effect. Evidently the tech world sees it as a minor distraction instead of a problem.
I've got the loonies on "ignore" anyway. When there isn't much substantive news on FITX to talk about, I have quite a few slow days which I like...
zobella asked a good question. If you did see the facility, please give your impressions of it, alan.