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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.49-1.4%12:42 PM EST

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To: Russian Bear who wrote (11652)11/25/1997 2:25:00 PM
From: shasta23  Read Replies (4) of 32384
 
HI Russian bear!

Thanks for the kind words...you could tell that i was really depressed about the stock action. How can you guys stay optimistic in these kind of situations? MAybe it's experience...well i hope the stock will come back. I tried to talk myself into ignoring the short term stock flucutations and keep the long term vision. Looked at the chart and saw that it takes often about 4 month from one high to the next peak(which could be lower than the one before/also the last peaks were 6 month apart). OUr last peak was exactly mid october so that we can hope for 16-17 in mid january! That would also fit with the seasonal aspect of it.If it goes higher that 16-17 i would be quiet happy again.

Stefan
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