I covered at 297 worried about what we are seeing today. I was gonna short at 320 but that woulda been a loss too, I think I will try shorting around 340 if I don't chicken out again. As drod knows I don't like losing money like him.
funny thing is you were saying the same thing when it kept trying to go over 3.70. Is this your new bench mark $4? Well drod there is a good chance it may hit $4 and some in next couple of days. We are definitely poised for a major breakout. How is nflx short working out?
Typical b.s. hypester. Ignore his so called article- more important is the upward trend. I don't care if it is going up by manipulators, insiders or Drod4ball buying so he doesn't miss out. What matters is it"s going up and the litigation is months away from disappearing forever.
why are you up in nflx, did you win with your Siga purchases, Drod you have so many different personas and stories that one has to wonder what your real agenda is.
Most people on this message board hate you and think you are an annoying idiot but I have been respectful and given you the benefit of the doubt. "If I was down that much in Siga you won't be taking my investment advice" You are a joke! I bought 4.11 you bought god knows because you have so many stories but i think above 10!
When I was down 12k-13k with this siga i didn't get shaky knees and stayed with it knowing it would return. I am only down 2k and will probably be in profit territory soon. on the other hand with netflix I don't know where the top is- is it 400 500 or 600. I shorted at 288 and covered at 297 which in retrospect was the right thing to do. I really agree with you that netflix is ridiculously high but I wouldn't want to be in your shoes. you shorted it what 276? I have 41k invested in this stock and hope to turn that into 70k minus 15% taxes on profit in February.or I may sell it at 13 where you got greedy and failed to sell 2 years ago.
You talk with authority about contract priced in! How do you know?Is the litigation priced in? if so what if the verdict is in Siga's favor, doesn't the proceeds/revenues change?
Your losses doesn't give you the right to determine reality.
You say you are laughing at the fda fast track thing but it is on the first page of their web-site:
"Our lead product candidate, Arestvyr* (USAN tecovirimat; aka ST-246®) is a drug under development for the treatment of smallpox – one of the deadliest diseases that mankind has ever faced and a formidable bioterrorism and biowarfare threat.
SIGA has entered into a contract, in excess of $400 million, with the Biomedical Advanced Research and Development Authority (BARDA) for the delivery of 2 million courses of Arestvyr to the Strategic National Stockpile.
*Arestvyr is an investigational product that is not currently commercially available in the United States. It has not been determined by the U.S. Food and Drug Administration to be safe and effective for the treatment of smallpox or any other indication.
ARE THEY LYING? Apublically traded companyoing hundreds of millions of dollars with the US. Government?????
They are in production with a several hundred million dollar contract, also in litigation with a company that wants half of that. This litigation is at the tail end of a verdict at latest 1st or second quarter of 2014. How is this not a situational stock? BTW this st-246/ arvestyr has an expiration date which may mean more orders and it is on fast track for FDA approval. What part of my information is inaccurate?? Rose is a puppet of Pearlman he is nothing just an employee!! Once litigation is out of the picture we will get a Steve Jobs-like CEO
Another Date of importance out of the way! After final rebuttal on 10-28-13 we are all ears till 12-17-13 hoping we have break out action before then.
When I covered at 297 I was called a chicken for not wanting to lose money, but I may give it one more crack if it hits 320 and short 100 shares.
An officer buying 9k shares is not gonna cut it. For a real and sustainable breakout/rally we need settlement, a favorable decision on litigation, FDA fast track approval, additional government order of st-246 etc. etc. etc.
Any of the things mentioned are not far fetched and can create a huge short squeeze taking this stock to much higher levels.