I don't know Drod, I just cashed in my shares of ZLCS and so far I have done a lot better in Siga than that one. And we did have a chance to sell at 14, Rose even demonstrated how to do it. We are paying the loyalty penalty. That is why you are so po'd, you don't like getting boned when the top management sells out and keeps getting fat paychecks and free shares. Where is the Amln?
Well Siga has definitely been my biggest UP and downer but I have done worse. So far I am up in Siga mainly because I started trading around a core and sold some at 12-13 that I reinvested on the way down but got a good amount in the ones. I used to be so sure about this company but everything that could go wrong has, except the product works. I really could not have imagined all the bs protests from the SBA Issa Chimerix etc. All these were manufactured problems that I have not come across in any other biotechs, It has definitely opened my eyes to political and judicial corruption in the United States.
Of all the bad characters in this drama the one I am still not sure of is Parsons, is he corrupt or just stupid? Wasting months to decide what is obvious to a reasonable person and then getting it wrong. Sure Siga tried to start negotiations with an offer that was largely to their advantage. But Pip was trying to get a peek at results before committing and snuck the old non- binding in the LATS just in case. To me these discrepancies seem to cancel out, and considering Pip's record of falsifying information to the FDA it would seem to fortify the argument that they were using sneaky tactics with the non-binding on the LATS and pushing to see the results of the test before consummating the merger. Add that to pip previously backing out of a merger with Siga and merging with someone else plus filing suit before the time frame for negotiations had elapsed seems show more bad faith on their part than Sigas. Maybe Rose sold out because he knew he couldn't win in a corrupt system. Anyway, I see just as good of chances for success in other biotech stocks and though Siga could surprise us, and I hope it does, I am finding better probability and risk/reward in other securities. Hope your family is well Drod.
Drod, I gave you a thumbs up just for sticking around. Perseverance is an admirable quality. Siga should never have dropped below 10 and the Pip suit should have never made it to court. I have been moving out of Siga merely on the fact that Parsons is stupid or corrupt. I will keep 5k shares because I think Siga will do well in the long run.
Feels like a late hurricane blowing in from the southeast. No, it's just that windbag peabrain spouting off again.
Sentiment: Strong Sell
I am saying an agnostic is someone that does not know whether God exists or not. You obviously confused agnostic with atheist. I did not call you an idiot, I just mentioned something along the lines of people in glass houses shouldn't throw rocks. as far as going under 3, I already missed the boat when I didn't sell at 13-14, the same as you. The only difference is I faced facts and went on to other bios and have been relatively successful partially due to my experience with Siga. You on the other hand love to beat a dead horse. You should try to be less pessimistic. Sell all of your Siga shares and if it dumps you can come and rub everyone's nose in it, otherwise tell us why you think this is a good stock to hold, since you are holding it. Why would you hold it if you didn't think it will do well. I always sell my junk. Time to cowboy up Drod.
It was to $14 but you were too greedy to sell, that is why you are still here spouting off. I screwed up to but admit my mistake.
VTUS board is much better for humor. Amln who is a humorous fellow should buy some VTUS just for the fun of it. Drod would not benefit from the sphincter toner as his is way too puckered as it is. Hope you catch a nice mouse today.
Most of my bios are down the last couple of days, even the good ones. You keep that sort of spin going and you can get a job doing PR for pip!
Because the longer they can hold on to it, the longer they can pay themselves and take bonus checks!
But you are right, a dollar dividend would be nice for all the suffering we have endured. That is something that will never happen.
You know what I thought about the transcript? I can't tell you! It was pretty funny now that I only have 5k shares. Wasn't as funny when I was holding 25k shares.
You were right, it is a stinky little stock, at least for the last week. Any forecast as to when we can expect the odor to imrove?
Do you think there will be an off label underground market to gays for the sphincter toner? Could be huge! Definitely not anything wrong with that.
Well maybe I just picked some bad ones. Getting corn-holed on acrx, atrs, avnr, cycc, halo, nbs and zlcs. You are right though, Siga is down a heck of a lot from 4.15. I did sell a couple thousand up there, whish I sold a few k more. Good for you on nflx but (I think almost everything is down anyway. I hope Amln made some dough of the short.