Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 201.28

-2.1%

3:59 PM EST

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To: Robert Cohen who wrote (14002)	1/31/1998 9:40:00 AM
From: tonyt	Read Replies (1) of 32384

Well, each time this happened LGND has dropped further. LGND in now 40% off of its 52 week high and only 20% above its 52 week low. Since we are now going into the historically 'low' months for biotechs, it is not out of the question that LGND may trade below $10 soon. Well, as was warned: "$12 before $20" -- Looks like $12 was optimistic. Any chance of a takeover? Ligand should be able to get $15. --Tony

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