/biz/ - Business & Finance

>>51625178
Its a third-tier p&d that r/shortsqueeze has been pushing for months, even if it reaches escape velocity its gonna end just like ESSC and BBBY
>1 post by this ID

>>51433803
no, its only beginning
they havent declared bankruptcy yet
we can still fleece the baggies for 6 months or so

>>50631272
>>50631299
$5 is unrealistic, it wasn't that low even pre-fagpox.

I usually short memestocks but I am hesitant to do it with SIGA. There is real growth in the share value from tecovirimat sales. Probably not enough to justify the quadrupled mcap of the company. But the cases are real and the company will profit.

The play is probably to sell calls with $10 or $15 strike, but it would require actual analysis to determine how many sales the company makes and to what real mcap that translates to, it would require familiarity with the sector to predict any risk that they get bought out. I don't do that, I just short P&D memes like SPRT and ESSC and BBIG. So I'm hesitant to short SIGA.