Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 197.62

+0.1%

Dec 24 12:59 PM EST

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To: bob zagorin who wrote (24612)	8/17/1998 11:22:00 AM
From: Wallace Rivers	Read Replies (1) of 32384

Bob, and this is meant in a purely "devil's advocate" manner, and not meant to tear down this stock or its' fundamentals further. Not saying the analysts are right or wrong (who the h#%^ knows?!), rather that there are underlying currents (investment banking opportunities, etc.) why they push a stock. I've been slapped around more than a few times by the "experts" and their recos. I do like the fact that these analysts are hanging tough when the stock is depressed, rather than throwing in the towel when stocks are IMHO at or near bottoms (example ML today in the oils - where was this and other firms when the majority of these stocks were 100% and 200% higher? Probably pound the table Buy.). The latter happens, I feel too often.

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