Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 195.35

-0.8%

Dec 2 3:59 PM EST

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To: Wallace Rivers who wrote (24975)	8/28/1998 10:33:00 AM
From: Hippieslayer	Read Replies (1) of 32384

From a techinical stand point, I'd agree that the stock is oversold. But I'm not one to use technicals on this type of stock. I just don't see how technicals can really be helpful in analyzing a stock that has so much uncertainty built into it. Especially since the company has no approved products and postive cash flow.

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