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Biotech / Medical : Ligand (LGND) Breakout!
LGND 203.50-1.6%3:59 PM EST

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To: Alper H.YUKSEL who wrote (28387)2/24/1999 5:53:00 PM
From: Cheryl Galt  Read Replies (1) of 32384
 
>> We should be quite close to bottoming out. <<
We are getting pretty close to the 4Q and annual report.

I always buy too soon and sell to early.
But I'm learning.

I may be wrong, and buy late, but at least I'll have the satisfaction of sticking to my plan.

I cannot imagine that a report of a super-low revenue quarter and year will be treated kindly by the market. So I will wait another week to buy.
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Another thing I want to ask. Since so many warrants were converted at year end, the volatility of the remaining warrants might be an issue, especially as we get close to year-end. I'm too inexperienced to have a feel for this, so it's just my hunch, and feel safer with the stock. (Keep in mind -- I'm a nervous nellie, since being badly burned twice ..)

Any experience here? Comments??

Cheryl
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