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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+3.8%3:59 PM EST

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To: Wallace Rivers who wrote (24019)8/5/1998 8:52:00 PM
From: tonyt  Read Replies (2) of 32384
 
>Henry, get real, and admit even the tiniest bit of failing in your calls on LGND

Wallace, 'get real', you don't expect him to take responsibility for his stock recomendations, do you? This is the internet, cavet emptor. I don't blame henry for his bad advice, I blame anyone who listened to his explainations for LGND's weakness. Theories of 'swaps', 'weak hands' and 'the street doesn't get it', are not, per se, misrepresentations. SI isn't even responsible for allowing a discussion thread to be called 'Breakout!'. Everyone knows that stockholders 'tout' there own stocks, so where's the harm? Its ultimatly the buyers fault if he relied on henry's 'enthusiam', not henry's fault. Henry never put a gun to somones head and made them buy LGND, did he? And when I warned that the tape showed signs of huge LGND selling, and henry said that I was 'misrepresenting' to the thread, well, henry didn't force anyone to listen to him, did he? Henry is blameless in this 'Breakdown', hell, even Bill Gates owned LGND (once). Everyone knows that henry is biased, aren't we all? When the dow dropped 300 pts, what sounded better, to say it was the 3rd largest point drop in history, or that the 3.4% drop wasn't even in the top 20? Its not 'misreprentation' to use one and not the other, hell, he may even be doing this in his reporting of Ligand Science. And what if he does? Its ultimatley our decision if we listen and act on this 'information', not henry's. Do we even know when the last time he actually bought LGND was?

None of this is henry's fault.
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