Well by all means forward it to SIGA's attorneys. Lord knows they can use all the help they can get.
Thanks for the efforts.
So, in summary, we have spent 8 years talking about a failed merger and failed license agreement, with NON-BINDING plastered over their historic pages, no Board approval, no shareholder approval, no effort whatsoever on the part of PIP to commercialize the product, apart from lawsuits, Congressional investigations, competitors suing BARDA because of SIGA, potentially 2 billion in contracts, to 400million - expectation damages too speculative to justify, promissory estoppel unjustified on appeal, to expectation damages now magically no longer too speculative to justify and PIP with a higher market cap than SIGA. Got it. I sure can pick 'em.
We are being removed from the Russell Global and 3000 indexes this Friday. Yippee! We might see more volume the next couple of days, but a lot of this no movement volume is probably related.
LOL - Ya, I used to pay attention to that too. Short interest is down about 2.5mil shares in the last few months and I think we've gone down in SP. The manipulator wants short interest covered low; it's probably RP.
You probably also just forgot that the shelf life on the product is 3 years, so even if BARDA just wants to maintain the current contract's number of courses, the product has to be repurchased, albeit at probably somewhat lower prices. Ya - generating free cash flow is something to really worry about. Who wants that? Eventually, the FDA will approve. Then SIGA might have the horror of having to recognize revenue and show a profit. I'm sure when that happens, the bashers here won't know what to do. I won't get into the Dengue stuff - that could be the end.
Not Rose, Michael Weiner. 15,000 shs. He sold last tax season also, I think. But a sale is a sale. The fact that a director sells while we are in the tank, no matter the reason, is depressing, even for long-time longs.
There used to be 2 analysts covering, one at $4 and one at $11, thus the $7.50 target. RBC must have dropped out, so we are left with Wedbush's $11 target.
There you go again. You must get a bonus or something for having the last comment in a thread. Is that how it works drod?
I'm a pumper and a schmuck? LOL Wow. You're so good at calling everyone names. It must be gratifying to you.
I rest my case again.
Either you've got ADHD or it's your job to slam mgt. You know I said nothing about mgt, one way or the other, yet you replied like I did. And you always have to have the last word on a thread, to make sure your message is the last heard. Go spend some time on NFLX. You've got a better shot at being listened to over there.
I'm not sticking up for them. I am pointing out to you that complaining about not having a CC in February is pointless when it isn't normally supposed to be until March.
Drod, if you bothered to look, last year they had the conference call and results in March. Stop your belly-aching already.
Most of you know I am a long-time long. I've owned SIGA for years. Bought and sold at all levels. Most of the sells were because of margin, which saved me, really. Anyway, While we are waiting for ANYTHING to happen, I am curious about what some of you "think" Parsons (I will call him P) will do. We can keep our heads in the sand and hope for the best, but clearly, he hates SIGA. And clearly, the SC has given him a get-out-jail free card. I had a thought about a possible solution and would like to hear your comments.
The problem with P just granting a license to PIP and shafting SIGA is P has already ruled that expectation damages were too speculative and if P did that, control of 246 would be in PIP's hands, risking the already negotiated contract for both PIP and SIGA. Also, if P granted a license in accordance with the LATS, SIGA would get 10-12% royalty on everything PIP was supposed to do and that SIGA has already done. P has already said he felt both parties indicated a willingness at the time to consider a 50% split, which is why he ruled the way he did originally.
So, what if he ruled in accordance with the LATS and reversed the parties, giving a 12% royalty to PIP for doing nothing (plus court costs and attorney fees).
Another thought I had was him granting a license for future sales, removing the "speculative" part. That one is pretty scary for everyone, I think.
You used to complain that they have conference calls at all. Now you want them to have a conference call. You are just a "half empty" kind of guy I guess.
Not sure about that. Perhaps that's why they schedule the re-balance of the indexes when they do. But I know for sure that the index we were dropped from was going to have it's adds and deletions done by Monday 12/23.