Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 195.83

-0.7%

Dec 26 9:30 AM EST

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To: Torben Noerup Nielsen who wrote (22431)	6/17/1998 10:24:00 PM
From: Arthur Radley	Read Replies (1) of 32384

When LGND made the announcement of the purchase of SRGN,I questioned why they would spent the money for a PENNY stock at this critical stage. I still don't know why they would take this course of action which IMO isn't beneficial to the current shareholders, but I do know now why SRGN was and is a penny stock.

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