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Biotech / Medical : Ligand (LGND) Breakout!
LGND 185.14-0.4%1:55 PM EST

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To: Skeeter Bug who wrote (4525)8/4/1997 1:18:00 PM
From: Andrew H   of 32384
 
Skeets, you must know that biotechs take a lot of patience (or is that patients?). LGND has come a long way since the low 9s. The time for bios should be between now and January H and Q, especially for LGND with all the announcements coming. My suggestion is to hold until H and Q and then reevaluate. If LGND is not at least 17 by then, consider selling. Also, if there is a nice pop, consider selling then buying back at a lower price. Having waited this long, it would be foolish to sell now, IMO, even though there may well be 2-3 months of "dead wood" time.

The fact that LGND is holding nicely in the 13 area is encouraging to me.
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