Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 191.68

-3.3%

Feb 5 3:59 PM EST

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To: Bryan Arnold who wrote (480)	1/9/1997 2:08:00 PM
From: advinfo	of 32384

<<<<<Henry, I think that people need to remember that biotech stocks are long-term investments and move alot. If you were in the stock for a quick spike this week, then you may be disappointed but if you are a long-term investor in the stock, then this was just one day and people do not need to be making such a big deal out of one day. Do you agree with me on this? Bryan>>>>>> Then maybe discussions concerning stock price should be limited to the long term, not the end of the week or month! Am I long in LGND? YES! Am I disappointed by the short term reversal? YES! IMO, I think we will see 12 before 20. If the big boys thought LGND was going to be a rocket in the near future, they would be buying, bottom line. The big boys are not into dead money, why should we(the individual investor) be? Don't ever under estimate timing and momentum, both are taking your potential earnings as you read this (assuming you even have a position in LGND). Spare us your high-road attitude! Do you agree with me on this? Evan

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