Ligand (LGND) Breakout! Message Board

STOCKTALK

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 : Ligand (LGND) Breakout!

LGND 188.19

+1.8%

12:22 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shasta23 who wrote (4119)	7/16/1997 12:27:00 PM
From: bob zagorin	of 32384

i've done well with LGND & ISIP over the past several years; relatively even with a bunch of others (VICL,RZYM, INSV,SUGN) and got killed on GNTAC. My strategy got all screwed up when I had to make a bunch of margin calls this spring because the tech stocks took a dive. But, basically, I was investing in a basket of stocks with promising intracellular research. I was looking long term but willing to trade 1/2 the positions if there was a major runup on mass media hype or something like that. That helped me with ISIP & LGND because I did sell 1/2 positions near the highs and repurchased near the lows. I definitely would not try these companies with options because, by definition, they are long term investments. Your options could easily expire worthless even on LGND unless you get lucky. Maybe, take 1/2 positions in several stocks and reinvest the profits on margin if they go up. Hope that helps

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next