I guess reading comprehension is a problem for you, lol.
I've been almost continually short this stock since the $60s, multiple times - and have posted my trades here in real time (as recently as two days ago, when I covered half my short position). I've been consistently negative on the company's prospects and the stock price (though I don't spend my time trying to convince people here, as some do) so you might want to check yourself.
The point I was making (since you didn't seem to get it) is that on these boards (as elsewhere) the most prolific pumpers are often selling out even while they continue to pump. Whether that was the case with Seth remains to be seen (he's been silent of late) but my guess is that he's no longer long. I'm sure he will disabuse me of this opinion if that's not the case.
Best of luck in your trades.
"but infer it means something negative to siga longs."
Nope. It has no bearing on SIGA longs, and I don't know how you could conclude that that was what I was inferring, or that I was taunting anyone. I was gigging on SIGA management, nothing more. Sorry if you were offended by that.
Best of luck.
that PIP is now on the BK Unsecured Creditors' Committee, and will have an active role in the management of their bankruptcy?
(see my post on the PIP board for the news releases).
Oct. 8, 2014 /PRNewswire/ -- PharmAthene, Inc. (NYSE MKT: PIP) today announced that the United States Bankruptcy Court for the Southern District of New York has partially lifted the stay of PharmAthene's litigation against SIGA Technologies, Inc., in the Delaware Court of Chancery. The order allows the Chancery Court to issue a final judgment and the parties to pursue appeals thereof. Enforcement of any judgment, once entered will remain subject to the Bankruptcy Court stay.
Separately, the Company announced that the United States Trustee has selected PharmAthene to serve on the Official Committee of Unsecured Creditors of SIGA Technologies, Inc., debtor-in-possession. As a member of the Committee, PharmAthene will play an active role in the bankruptcy proceedings.
In its filings with the Bankruptcy Court, SIGA indicated that it expects to continue to perform under its contract with the Biomedical Advanced Research and Development Authority (BARDA) and is eligible to receive up to an additional $211.5 million in revenue under this contract, in addition to the $198 million it has already received.
Covered half my position at $20.30-20.33 a few minutes ago.
How low can she go? :)
Good luck all.
If one iota of what you keep saying were true, you would be loading the truck up at any price. Why below $6.90? If what you say is true, you will have huge gains, why would you worry about pennies?
You're just one of the many blind pumpers here. You bore me.....
Another ham handed, clumsy attempt by this company to goose the stock price, by floating another fake bid from one of their friends. Bet it's non-binding, too, lol. Even more amazing is watching the masses (lemmings) soak it all up, as if it's real. Load 'em up, right? Laughable.
Still short, and still lovin' it. :)
What you've quoted says that the rumor is progressing nicely. Yep, I do believe that. :)
Pumpers can't even get their grammar right, lol.
Thanks, but this is my 4th or 5th short trip with this mutt (lots of posts here by me in real time). I had always been very negative on the company and its methods, (going back to that original shyster Mark Hughes), but I had never traded it - until Ackman got involved. It's been berry berry good to me since. :)
As if on cue, with the price way down - NQ floats the rumor (again) about the fake Bison offer. Same shot, different day. Let's goose the price a little, why don't we?
Transparent to all but the most ignorant.
Still short here (and like Mickey-dees, lovin' it, lol).
Brilliant? Hardly - but you keep saying things that are demonstrably false. Now you can keep changing the subject, and suddenly ask lots of questions that have nothing to do with the subject at hand (your repeated erroneous statements), but that doesn't change the fact that you just don't get the subject, and continue to not get it. Speaking of dense, I haven't seen someone this dense in a long time.
As for "my point it that it is ultimately NOT a liability where a company actually owes cash or other asset." I'm amazed that you just can't get it, no matter how many people try to educate you. If SIGA were to never deliver another course to BARDA, do they owe that cash back to BARDA or not? Deferred revenue should ultimately make it's way into recognized revenue, but that's not the issue. The issue is that you keep saying it's not a liability. It is. Period.
I don't know why you do nothing on this board but fight with people, and always resort to name calling and personal attacks. And asking me about getting laid is right out of 7th grade - you should grow up, dude. You must be horrendous to work and live with. Sheesh, just admit you don't understand the concept of deferred revenue, have trouble admitting when you're wrong, and move on. It's not that hard for most people.
You've been thoroughly pwned. I don't have the heart to continue to rub your nose in it. Argue with someone else.