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.
from another post:
PIP vrs SIGA. AS of 8-21-13 Siga ask for Production of Documents from PIP, Pip has till 9-16-13 to respond to Sigas third party representatives. Looks like, if issue can not be resolved out of court a date for hearing is set for 12-17-13. Dates of importance are 9-23-13 and dates 10-28-13 dates for parties to produce rebuttal reports of facts and arguments that would justify this case going to court in Dec.
Doc is in Delaware Chancery court #2627-VSP
Insider sale had no effect on share price. The guy needed the money for his services probably. We are in a small accumulation stage and ready for a breakout. If we break 3.70 and stay there we may see major move up.
least its holding it's own. My aapl shares getting killed. dtrx down 3 days in a row ask golonogin100 if he feels good time to buy, I missed last run. nflx looking juicy for another crack at shorting again,
Now I know why you are so bitter about SIGA. Thank god you were witty and smart enough to make it up and then some.kudos to u. hey golongin did dtrx drop from profit taking last couple of days you think? My story is a long-term investor in quality stocks. aapl hci microsoft qualcomm which I don't trade will leave for the kids.(yes I am up) 1 year+ stocks which I keep for tax purposes(35% vs15%) which I only have 1 of Siga and 20k of PIP right now.It will be a year in Feb if I sell with a profit or loss I will be out of here. I averaged 1.62 with pip and 4.11 with siga. Then the fun stuff trading stocks that is basically about 10k-20 k I shorted nflx with this account sold siga 5 etc. I wish instead of shorting siga I would have bought dtrx I wouda made 2-3k.
Given the time-frame of this litigation we are very near the end. I know it is first or second quarter of 2014 but it may hit 7-8 at that time with an unfavorable decision. A favorable decision will take it above 10. I think 5 is were will be by end of year. I don't have a crystal ball like you so it may be november or possibly december. You want to make the wager that if I am right you will sat off this board for a month or not?
listen drod your info. on nflx is accurate but the stock may go up. I lost when I shorted Rim(bbry) a few years ago. I was right but my timing was off. I hope you make a bundle but if you don't it doesn't mean "u never understood what make stocks tick"
I am long on Siga for 1 fundamental reason-the litigation is coming to an end. I may lose the bet that " I dont have to own up to"
..so what! I have been wrong so many times b4 and will be wrong again in the future.