Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.07

-3.4%

3:59 PM EST

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To: Machaon who wrote (20421)	5/11/1998 12:57:00 PM
From: Mudcat	Read Replies (1) of 32384

I think the term spin doctor refers to someone who continually predicts the stock is going to go up, explains why (ussually associated with a "slam dunk" event), and then the rise in price or event never happens or is delayed sometime over a year. In fact, in most cases we hear a prediction that Lgnd will go up, in reality the price actually goes down, then when it starts moving up from this new lower price (never reaching the price where the original prediction was made) and then the poster takes credit for correctly predicting a rise in the stock price. I also don't think it matters whether you are long or short Lgnd to be a so called nay-sayer. I for one own many shares of Lgnd, but after reading the hype on here for 1 1/2 years, I can Monday morning quarterback and say I could have used this money more effectivly on other stocks and made alot more money.

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