Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 185.83

+0.6%

3:59 PM EST

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To: Mark R. who wrote (4131)	7/17/1997 2:28:00 AM
From: Paul Moerman	of 32384

My read on the chart is that we are pretty close to a bottom again, altho I fully realize there has recently been an even lower bottom. I'm already long (and down) but would be inclined to average down at 11 1/2 (wouldn't surprise me to see it go to 11, but 11 1/2 is close enough for me). Stock really looks like it is getting ready to move back up IMO, but don't know if it can do it without some news. I'm disappointed with it and frustrated like many here, but believe in what Henry and others have informed about the broad mix of research and products in the pipeline. It just was a lot more fun being ahead a few points instead of behind like now! <g> Good luck

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