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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.18-1.4%Nov 28 9:30 AM EST

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To: CYBERKEN who wrote (12340)12/9/1997 8:37:00 AM
From: tonyt  Read Replies (1) of 32384
 
> What do you think he will do?

The possibility that you mentioned as the most desirable: 'find some large investors to take them off his hands in the short run.', is the most likely outcome.

Why are they selling anyway? What do they know that we don't? The consensus on this thread is that LGND is at its low, and in any event won't go lower that $12.5 while the short term (two months?) high is projected above $18. The long term (+12 mo) seems to be projected here at avove 35.

So, why would they sell any LGND.
What do they know that this thread doesn't?
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