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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.36+1.4%Nov 26 3:59 PM EST

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To: sdkaye who wrote (24038)8/5/1998 11:00:00 PM
From: Machaon  Read Replies (1) of 32384
 
<< It can sure give you all the leverage on the upside. >>

To me, the attractiveness of the warrants is that you can "own" the same number of shares for much less capital outlay.

<< key - not a single stock strategy. That's gambling! >>

Good point. I was toying with the idea of buying some LGNDW and then selling an equal amount of LGND after a $1 bounce up, in order to provide funds to chase some other biotechs that I'm interested in.

But, the last time I tried that, I unfortunately kept both the LGND and the LGNDW.

Regards, Bob
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