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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+3.8%Nov 24 3:59 PM EST

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To: cyberman who wrote (27832)2/4/1999 12:31:00 PM
From: bob zagorin  Read Replies (1) of 32384
 
jmo but, if you look at a chart since last fall, you'll see lgnd in a steady uptrend with higher low and higer highs. my guess is this news (and ontak to come any day) will keep this steady uptrend going.

most of the people following this stock, i think, know it pretty well. when it gets overhyped, it sets itself up for disappointment and a fall. i like this mode better.

specifically, results on targretin later this year could pop the stock but i just think it willcontinue to move up as it gets closer and closer to becoming a cash flow positive drug co. tht should happen by the end of year. fwiw.
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