In all the excitement about the down side, perhaps today's record should mention that the stock finished up. The recently mentioned 13 3/4 support level, FWIW, held again. I expect that we pick up gloaters and whiners on the inevitable future dips from 25 to 22, 36 to 30, 89 to 79, etc. As a long-term investor I will be lurking when those posts come also.
Gee, I'd LOVE to buy more warrants at the current under 9, but I'm still overweight on that one. Under 7, I start selling other LT holdings to buy. Under 5, I send the broker my watch for a little more PP just to get more LGNDW. But, sorry folks, Ligand ain't a single-digit stock anymore. If the sector seems to stabilize and the warrants are still under 9, grab 'um up. |
