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Biotech / Medical : Ligand (LGND) Breakout!
LGND 188.97-0.6%Dec 31 3:59 PM EST
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To: shasta23 who wrote (24377)8/11/1998 5:30:00 PM
From: Hippieslayer  Read Replies (3) of 32384
 
I think they're going to short this sucker to 5. Seriously. LGND is a 5 dollar stock until theyshow they can make a buck. That's the problem with biotechs. Enthralled investors can bid up the price based on wishful thinking and once reality sets in, BOOM! the bottom fall out of the stock. LGND will be justly rewarded if their grand vision ever materializes. Some people just don't want to hear this cuz they think that this stock is akin to their girlfriend or pet dog. But you can't fight the tape, not even hear at cesspool ligand.
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