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Biotech / Medical : Ligand (LGND) Breakout!
LGND 200.79-0.2%3:59 PM EST

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To: tonyt who wrote (14758)2/12/1998 8:30:00 AM
From: Hippieslayer  Read Replies (1) of 32384
 
Greed is good! Didn't anyone see John Stosel's report a week ago about greed? I unfortunately missed it.

The people at lgnd are greeding in a a good way. The want to make the best drugs available so they can make money. And they want to make a lot of money. No one's investing in lgnd just because the have great scientists and products. They are investing in the company because there is a good chance that LGND will make money hand over fist if and when their drugs get approved. I don't ever recall a stock price going up because the company has a great product. It goes up because their great product is making the company huge sums of money!

Anyways, you go were the "bacon" is. If you or anyone can squeez as much as possible out of a trade, the more power to you.
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