Ligand (LGND) Breakout! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout!

LGND 197.01

-2.9%

Dec 1 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andrew H who wrote (12805)	12/23/1997 12:55:00 PM
From: jayhawk969	Read Replies (1) of 32384

I agree with your assessment. If someone has been in tech stocks and lost money the last two months I doubt they will switch money to biotechs unless they are familiar(already involved) with the sector. Why would anyone who has lost money and is fearful of losing more, shift funds into a sector with which they have no direct knowledge or familiarity? The only gains of funds invested in the biotech sector are going to be from those already in it, that understand and are looking for a great opportunity or directed by an investment advisor. Even this may be tempered. I personally am a tech investor that believes in ligands potential. I have slowly switched dollars into ligand. I have great faith in this company and Ligand represents a core long term hold for me, however, I do not now feel compelled to continue my investing immediately. All my investments will now be opportunistic. Unless there is compelling news released, this stock could languish with the market for some time to come.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next