Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 192.31

-0.4%

11:28 AM EST

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To: DrJerry who wrote (13440)	1/17/1998 10:34:00 PM
From: Proton	Read Replies (1) of 32384

Re: Reminder of a Nice Technical Call Welcome back, Dr. J.! I wanted to compliment you on a call you made on December 27: Dr. J's failsafe chart says that when LGND charts are at bottom (Dec. 24) and the stock declines on that day but the warrants have an up-day (resulting in significant increase in time premium) that it is time to jump back in. I may be daffy but I don't see lgnd prices under 11 and I don't see warrant prices under 6... LGND has been a jumpy little beast since then, but your levels haven't been hit, and the stock is up nicely since then (even with the retracement). So, does the same pattern hold at intermediate tops? That is, when LGND goes up into a peak and LGNDW goes down, can we infer that to be a good signal to sell? Pý

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