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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Radley who wrote (9939)10/21/1997 5:35:00 PM
From: Henry Niman  Respond to of 32384
 
TD, I think I see another BUY signal :-). I expect LGND to break 17 tomorrow on no news.



To: Arthur Radley who wrote (9939)10/21/1997 5:51:00 PM
From: Andrew H  Respond to of 32384
 
>>Andy,
For I have sinned.<<

TD, when was the last time you went to church? You're supposed to say, "forgive me, for I have sinned." (:>)

I can't believe you sold here!! Should have waited at least until after the 28th. A bird in the hand... Oh well, to each his own. My guess is we break 17 tomorrow. I think LGND will continue to rise through the H and Q conference in Jan, although I don't know how much. There will be dilution, but there will be plenty of good news coming also. As far as Xoma, my thinking has changed. I would wait until after the Nov 8 news to buy. Hem trauma is a very tough indication. If results are good, stock will continue to rise. If bad, you don't want to buy it anyway. If mediocre, you will have more time to evaluate.

Anyway, best of luck in Xoma. There is a lot less risk in LGND, but of course it the hem trauma news is very positive, it will get quite a pop. Since you still have 75% of your LGND, we won't punish you to badly. Do 1000 "hail LGND's" for penanace (:>)