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Biotech / Medical : Ligand (LGND) Breakout!
LGND 181.45-2.4%3:59 PM EST

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To: shasta23 who wrote (7667)9/25/1997 6:19:00 PM
From: Andrew H   of 32384
 
Sorry about your bad day, Stephan. You need to be more patient. How long have you been a stockholder in LGND?

I wouldn't make any judgements about LGND's future price movement from today's action. The news was very complex, IMO, and will take a bit of time for the Street to digest. Only those who follow the stock closely could understand much of what is happening from the release. There are some folks and funds who have made money on LGND and will be taking profits. More good news should be here soon. I imagine many of us on the thread were a bit disappointed that LGND didn't close over 17 today, but it was UP, not DOWN. Should be a lot more good news on the way.

LGND will dance to its own tune and to the markets.
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