Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 200.79

-0.2%

Nov 14 9:30 AM EST

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To: tonyt who wrote (11067)	11/14/1997 12:37:00 PM
From: shasta23	Read Replies (5) of 32384

I saw the trade at 13 1/2- tonyt- , and i don't like it. I still hope that the close will be above 13 3/4 again. It's hard to express how disappointed i am with this stock but i learned (hopefully) an important lesson here: never fall in love with a stock and it's story and this is up to here still a story stock. I fell in love with LGND and i got punished.Not getting out here is probably the next mistake i make but it's hard to tell myself i just had my money sit ALL YEAR and it's almost where i bought it while the market despite correction is still up nicely(except selected tech stocks). Looking at the chart it just seems that for now LGND Is doomed to go up and come down again. You can make more money just to play the few weeks of euphoria and skip the elevator to the ground floor.I hope all you guys don't mind the unpositiveness since i feel there is little positive for LGND Going right now...except earnings in 2008 will be >$12 and LGND will trade around $300. But then again who will hold whom responsible if that's not the case. Stefan

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