SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : A Biotech Bash - Recs and Wrecks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (118)9/2/1997 2:28:00 PM
From: Henry Niman   of 171
 
Rick, I wouldn't put LGND's performance since the winter of '96 in the "reltively dismal" category. LGND has had a somwhat ossilating chart since then. If you mean the beginning of '96, LGND had a nice run up to its all time high of 19 3/4 which it hit in the spring. If you want to start from its all time high back then and compare that to its current price, then the move of course has not been stellar. However, LGND's price a few months earlier (in Novemeber of 1995) was below 8, so LGND's performance is largely dependent on your entry point around that time. Similarly, if the winter of '96 means the end of '96, then LGND has had a decent move from its low of 11. If you mean Jan 1, then LGND's move for this year is currently flat (although as you noted in your post to Andrew, LGND did have a "quiet period" a few months ago when it fell to 9 1/8 and I was using caps at that time to shout about its absurdly low price).

Of course, most investors would prefer a steady climb like AGPH. That hasn't happened yet to LGND. However, I do think that the upcoming announcements (as well as the past couple) will lead to a sustainable move and LGND's ossilating chart of the past couple of years will be a distant memory.

I do think that the upcoming diabetes deal will still have a rather significant impact on LGND's price as well as the rest of the sector. The company's pipeline is incredible, and I think that the street is beginning to catch on.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News