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


To: Alper H.YUKSEL who wrote (10692)11/3/1997 3:24:00 PM
From: Andrew H  Read Replies (1) | Respond to of 32384
 
>><<Andy, You are so so short term ...>>

In the long run, we shall all be dead !<<

Yeah, I made that point too, Alper. Everyone on the board knows I'm a long term holder who invests a lot of energy in the stock and the thread. However, since I am highly margined (so I can own more LGND) and since LGND forms such a large part of my portfolio, the day to day movements of the stock are VERY important to me.

Any movement of over a point or more makes a big difference to me. So to watch it go from 18 to 14 is heart rendering and mood altering to say the least. I realize this may not be the wisest way to invest, but its my way for now. I really still expect to lose this second bet with Henry, but my level of confidence is lower now than a few weeks ago.



To: Alper H.YUKSEL who wrote (10692)11/3/1997 4:56:00 PM
From: lavalamp  Respond to of 32384
 
Alper,

I ran across this last night and feel you will appreciate the author's point of view :>

exchange2000.com

I think you will enjoy the note as much as I did:>