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Biotech / Medical : Ligand (LGND) Breakout!
LGND 190.43-0.7%Feb 6 9:30 AM EST

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To: Andrew H who wrote (7770)9/26/1997 3:38:00 PM
From: Skeeter Bug   of 32384
 
andy, arguements can be made both ways. if everything goes as planned then you s/b ok. however, if that is what you expect then stop worrying ;-)

yeah, trading is risky. so is not trading. heck, everything is risky. i sold 1/2 my gems above $20 and bought back in at $14.75. i sold 405 of my lgnd at $12 and it rockets to $17. win some / lose some.

i sold digle at $8.50 and it recently hit $17 (waaaaaaaay overpriced, though). sold epix at $8.50 and i think it is $12 now.

my rule is to keep a core position and a trading position in stocks i like. when i break that rule i've been burnt more often than not.
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