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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: Wallace Rivers who wrote (24389)8/11/1998 10:11:00 PM
From: tonyt  Read Replies (1) of 32384
 
>****OT****Dr. Niman, you are absolutely amazing - again, you should
>have been a broker

Some people just have no shame. He says that 'talk of $5 is a sign of a bottom' -- wasn't he saying that when LGND was at $16 and there was 'talk of $14'? The spin never changes, just the price of LGND. This is what happens when there is no accoutability for these statements (i.e. LGND is cheap at $20 (haven't heard that one in awhile)).

And to think he was accusing me of 'misrepresentation' when I said to watch out (when LGND was in the mid-teens), that there apprears to be a lot of selling out there. I feel sorry for anyone who listened to his talk of 'swaps' -- oh well, its really not his fault (caveat emptor)

P.S. big boys are watching (and laughing) as they were not holding the bag (the 'greater fool' theory). If the 'Big Boys' do come back, watch carefully this time, they won't be holding on for triple digits.

LGND in single digits in August -- who woulda thunk it.
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