Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

Nov 21 9:30 AM EST

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To: Flagrante Delictu who wrote (14296)	2/5/1998 4:28:00 PM
From: tonyt	Read Replies (1) of 32384

> Now we must ask you to show the proof of this claim. How many times must we go through this One more time (only because I like you): Objective: Control 1,000 shs of Ligand Stock Warrant ($11.25) ($6.00) -------- --------- Cash Paid (Stock pur on margin) 5,625.00 6,000.00 Margin Interest (use 8%) 1,150.00 n/a Cash earned on excess funds(5%) 75.00 n/a Exercise of warrant 7,125.00 Margin Loan 5,625.00 n/a --------- --------- Total cost 12,475.00 13,125.00 ========= ========= Conclusion: Finace cost of warrant: $650.00 Smart Move: Buy LGND

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