$SIGA Friday’s dump was actually good. Chart was way too hot and it needed a pull back. This got it done quick and created new levels of support above $15. Misunderstood FDA news, panic sales, big short attack, massive stop loss trigger all combined for a big dump. But the dump was eaten up really fast and very solid recovery with super high volume. On top of this, call options for $20 plus contracts went nuts on Friday with massive volume. Looks like a HF or MM may have dumped shares or shorted a ton, covered, and then loaded calls.
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