<< But I think it is extremely unlikely that it will be dead money for the next two years. >>
Only about 130 posts until Walter's "$20 by 20,000" prediction. It sure would be a dirty shame if we hit $20 at the 20,001 post, which would make Walter wrong! <g>
Looking at the 100 week chart of LGND, it sure looks like it is establishing a base, just above $14, on slightly higher volume, when compared historically.
With 4 NDA's planned during 1998-1999, and 32 products in the pipeline, plus off-label possibilities, LGND sure has long term growth potential, unlike various 1-2 drug biotechs.
Just sitting here, waiting for takeoff!
Regards, Bob |
