Nov. 9 at 4:25 PM
$SIGA Oversold on the 1YR Daily, the stock fell to 200DMA (3YR Weekly) on latest ER. While there are some issues (noted in the ER) related to EMA and CDC shutdown, near term revenue recognition, the fallout last week (IMO) was grossly overdone, down to a technical support line. 25-50% upside near/intermediate term from this level (IMO).
$183M Cash/ST against
$26M Total Liabilities, excellent margins, growth prospects to RoW on lead product, consistent positive FCF, no debt of which to speak. This is a strong financially positioned company, Oversold at a good technical support line.
https://finance.yahoo.com/news/siga-technologies-inc-siga-q3-050139790.html