Ligand (LGND) Breakout! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Ligand (LGND) Breakout!

LGND 193.07

-1.2%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Torben Noerup Nielsen who wrote (24966)	8/28/1998 12:49:00 AM
From: Tommy D	Read Replies (1) of 32384

You were questioning whether LGND was oversold. Maybe it is but I think what has been happening is all about the over all market, given the nature of LGND's current business. LGND has no earnings, is burning a reasonable amount of cash and offers great (IMHO) potential. Unfortunately, in a market where you are starting to have companies trading under book value, companies with great potential are not going to be treated very well. My take on preservation of capital, as I still like LGND(and I might be wrong about little share value will be recognized for potential) is to sell the stock and buy the warrants. I have both but in my mind, I limit the risk even if I pay a premium to get in. With the time remaining, its almost like buying a 2 year leap. Good luck to all and I hope people can post the good and the bad without P***ing on each other. The last short while has been enjoyable to read. I will now go back to lurking as I normally do. TommyD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next