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Biotech / Medical : Ligand (LGND) Breakout!
LGND 200.87-1.6%3:59 PM EST
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To: tonyt who wrote (14446)2/8/1998 11:23:00 AM
From: Flagrante Delictu  Read Replies (1) of 32384
 
tonyt, >> You did it again. By using the artifice of comparing the "closing bid" instead of the closing price, you managed to remove $500.00 from the value of the warrants. That $500.00 would have negated your argument. Bernie. P.S. The warrants closed at $7. You used a "closing bid" of $6.75. Thus, you derived a value of $13,500.00 for the warrants instead of $14,000.00
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