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Biotech / Medical : Ligand (LGND) Breakout!
LGND 202.51-1.7%3:24 PM EST

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To: Scusami who wrote (13923)1/30/1998 8:12:00 AM
From: tonyt  Read Replies (3) of 32384
 
> I would consider anything that low to be a buying opportunity from
> both trading and long term points of view.

It might be worthwhile to factor in past performance of LGND in the 1st half of '96 and '97 (spring and summer historically are not good times for biotechs -- however, past performance, is no guarantee, so '98 could be different).

Also might be worthwhile to post a 1998 timeline for milestones and expected news (has this been done yet?)

BTW, How many 'buying opportunities' have we seen in the last 3 months? -- Don't try to catch a falling knife, wait till it hits the floor.
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