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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.50-1.6%Nov 25 3:59 PM EST

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To: celeryroot.com who wrote (14247)2/4/1998 9:44:00 PM
From: tonyt  Read Replies (1) of 32384
 
> You could take the money and get interest on it which reduces the 14%

True, but the analysis was comparing leveraging using LGNDW, or buying LGND on margin, therefore there is no cash to invest (i.e. To control 100 shares of LGND with $600, buy 100 LGNDW, or 100 shares of LGND with $570 cash / $570 margin).

Actually, if bought on margin, there is $30 left to invest, so the 14% is increased.

--Tony
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