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Biotech / Medical : Ligand (LGND) Breakout!
LGND 199.20+0.1%Nov 21 9:30 AM EST

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To: Henry Niman who wrote (19098)4/15/1998 7:51:00 PM
From: Machaon  Read Replies (4) of 32384
 
Henry, you do realize that you will never get peace of mind, on this thread?

I can picture it all now. It's about 20 months from now. LGND is at $76, but is bouncing up and down between $71 and $76. Tonyt will be saying, "LGND is so predictable, it goes from $71 to $76. Buy at $71, sell at $76! Buy at ..... Oppppps! Hmmmm. LGND just announced another NDA. Let me check the ticker. Opppps! I mean, buy at $81 sell at $86. LGND is so predictable!"

On a side note: Quite a few biotechs are getting choppy lately. There seems to be an increase in "wide swings". I wonder if the market is reacting to the fact that we are 900 posts away from Walter's post # 20,000 prediction!?

Regards, Bob
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