Replies

Regarding Stern and SIGA. The real meat is his new “access” to voters and unionizing... with unlimited federal funding at his disposal to feed those efforts.

Agencies and Activities

http://www.siga.com/index.php?ID=14

Muckety: Cornerstone Government Affairs

http://www.muckety.com/Cornerstone-Government-Affairs/5004345.muckety

SIGA Technologies (SIGA): Initiate coverage w/ Outperform; to be awarded a big gov. contract - RBC Capital

http://www.streetinsider.com/New+Coverage/SIGA+Technologies+%28SIGA%29%3A+Initiate+coverage+w+Outperform%3B+to+be+awarded+a+big+gov.+contract+-+RBC+Capital/5282984.html

Excerpt:
Notablecalls: SIGA Tech (SIGA) certainly presents an interesting situation for traders here as RBC Capital seems to be the 1st firm to pick up coverage on this biodefense name. Biodefense (and homeland def. in general) has become a hit topic once again & contracts usually follow.

Note that SIGA has a long history getting funding from the U.S. Government. Since 2004, SIGA has secured approximately $122 million in government grants, contracts and awards to fund the development of ST-246 and other novel antiviral agents.

I really don’t think the Government will leave SIGA empty-handed after plowing $100m+ into the co.

As noted, RBC estimates the stock could be worth up to $26 if everything goes right. That’s some upside.