Watching 05.29.16

Watching the following stocks

WMC.  9.17.    D 1.80 y19.78
DHT.     5.40.    D 1.00 Y 19.08
AI.         13.11. D 2.50. Y 19.22
CLM.    16.34.  D 4.42. Y 29.70
CRF.      16.16.  D 3.98 Y. 22.10
ORC.     10.35.  D 1.68. Y 16.49

PSID 05.28.16

Positive ID has successfully detected the Zika virus on their handheld diagnostic device called Firefly.

The projection for commercial distribution of the device is sceduled for Q4 16 or Q1 17.

The stock is heavily diluted with over 400million shares outstanding.

Management has released a news report that they are planning to do a reverse split sometime in the next 12 months between 1 for 10 and 1 for 50.

1 for 10 would be enough to see an increase in share value on earnings, news, etc.

5.24.16

Holdings as of today:

SIGA.   
PSID.   
NYMT.  Div. .96 Yield 17%
SXCP.    Div. 2.38 Yield 22.38

Siga 05.28.16

Siga recently filed a Confidential Treatment form with the SEC regarding the BARDA contract which expires in 2020. The SEC accepted it.

This means that Siga is not required to publically divulge revenue they may receive from BARDA for the length of the contract.

The next piece of news should be about the completion of phase 3 testing and moving forward to file the NDA with the FDA for TPOXX, (the orthopox virus vaccine) for commercial distribution.

Typically the FDA will  decide on approval within 6 months.