Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

Nov 21 9:30 AM EST

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To: bob zagorin who wrote (29424)	11/19/1999 3:06:00 AM
From: Cheryl Galt	Read Replies (1) of 32384

> if the stock price was $3 higher, wouldn't it cost LGND about $3 more per share to redeem the warrants? < I don't know. Though it's only midnight here, my brain feels like cotton right now, and resists doing any math. BUT, if Ligand were $13 right now (and it could get to $13 during the offering period), and i could pick it up for $6, I for one would be happy to do so -- especially since i would then hold a liquid instrument -- instead of an ever-thinner option, rapidly nearing expiration, in a period of unpredictable events. --------- Yes, i'm happy to see the demise of the warrants. Gotta quit this rambling! Cheryl

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