Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 206.74

+2.7%

3:59 PM EST

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To: Arthur Radley who wrote (14678)	2/12/1998 12:52:00 AM
From: Torben Noerup Nielsen	Read Replies (1) of 32384

>Trying to anticipate the action tomorrow in LGND stock, if we draw a >parallel to Entremed(ENMD), we should expect a real "pop" in the >stock. If you recall, back in December ENMD announced pre-clinical >rat results and their stock ran from around 10.00 to 16.75. ENMD is a >one product(potential)company and we all know the pipeline >and imminent NDA's that LGND is ready to file. Don't you think that >LGND should do as well as ENMD considering the far greater potential? Maybe we should all be careful about raising expectations too much before the market has spoken. A number of us agree that LGND has tremendous value. But that may or may not be reflected on the tape right away. I would settle for a point or two for now and take the rest in installments. Actually, if any of you - like Tony - feel like selling some at 13 or so in the morning, I think I would like to buy some..... Cheers, Torben P.S. Right now, I feel pretty good about having margined myself fairly heavily buying LGNDW at 5.5. I was going to sell off some more LGND to reduce my margin level, but I just couldn't bring myself to part with it :-)

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