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Biotech / Medical : Ligand (LGND) Breakout!
LGND 196.14+2.3%Jan 6 3:59 PM EST

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To: Russian Bear who wrote (23783)8/2/1998 2:45:00 PM
From: RXGOLF   of 32384
 
<<The only well-reasoned criticism of Ligand that has appeared on this thread in my recent (admittedly failing) memory is that which was offered by Richard Harmon. I found it quite valuable to reason through his perspective. It is also hard to argue with the brute force numbers that Peter Portlas has been throwing around recently >>

RB, I agree with you whole heartedly, and I believe you will find little valid criticism, if any to Richard or Peters' post. The longs and shorts may both benefit from post such as those you have mentioned. Few of us here are present for any reason other than to make a few(or preferably a lot)of bucks, and if we can be enlightened to the possibility of LGND moving down, many here would be pleased to make some on the short side, before cashing in on the long side!! I'm sure the MM's are making it both ways, and I would love to do the same. I just fail to see how beneficial a constant negative connotation can be, whether it is applied to the short or long argument made for a security.

Anyway, I am with you Big Bear :-), and here is to keeping up with the Big Dogs,
Greg
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