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Biotech / Medical : Ligand (LGND) Breakout!
LGND 201.28-2.1%Nov 13 3:59 PM EST

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To: Flagrante Delictu who wrote (18811)4/7/1998 2:34:00 PM
From: shasta23  Read Replies (2) of 32384
 
BERNIE!

YOU SAID:
We have traded at $13 in each year since '93. We are in a huge base building pattern. It is your decision to make, as to in which direction, we will eventually emerge from it. The base is of
sufficient size & duration to support a magnitudinous move.

I have no doubt that the move will be to the upside and the move will be huge after such a long basing period.
BUT i'm in this stock now already over a year and i have seen it go from peanutbutter to wine and back almost to peanutbutter and now back to beer to cheesesandwiches(14 7/8). All the time i hear that the huge move is imminent and frankly i think nobody knows. So we might be in for a longer wait but i have no problem to say that the time will be significantly shorter than 93-98.

stefan
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