Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.01

-0.4%

Nov 19 3:59 PM EST

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To: Hippieslayer who wrote (14616)	2/11/1998 4:27:00 PM
From: Alper H.YUKSEL	Read Replies (4) of 32384

<< People better understand companies when they show that they are making money. Also, many investors are probably scared to invest in a company that lives or dies by trials. There aren't many who have the stomach to invest in a volatile biotech company. Once LGND shows that their science translated into products that make them money, then maybe the squeamish will invest their money. Until then, they'll invest their money in a KO, T, or IBM where they know there money is safer than investing it in a biotech. >> That's certainly true. However, once companies show that they are making money, i.e. when the risk dimension has gotten smaller, so has most of the upside potential. It all depends on the risk/reward appetite of the individual investor. BTW, LGND up 1.90% for the day Alper

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