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Biotech / Medical : Ligand (LGND) Breakout!
LGND 192.84-1.7%3:59 PM EST

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To: tdinovo who wrote (10383)10/30/1997 7:11:00 AM
From: Arthur Radley  Read Replies (1) of 32384
 
Ted,
A well written and thought out post. It probably wouldn't hurt for you to save it and repost it every Monday morning before the market opens so that we can be brought back to reality as to how the market operates. As for Ligand, I have no doubt that when we look back in a couple of years, we will be saying ..."can you believe this stock could have been bought in 1997 at $9.00 a share".

As with most stocks, they nearly always fall into that period of what I think is called.."dead money". I think that LGND is in or will be shortly in that stage. For the real longer term investor probably the best thing they could do is put their shares of LGND in the lockbox and never look at SI for the next 6 to 8 months.(Just kidding about SI, as the beauty of this thread is the comradeship fostered by our bantering back and forth)

I would have to disagree with the statement about my sinning indicating that I know what I'm doing. As I always post, I'm just a TexasDude that on occasion has to drop the "e".(:>)
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