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


To: Henry Niman who wrote (10859)11/7/1997 6:12:00 PM
From: Andrew H  Read Replies (1) | Respond to of 32384
 
>>Ted, Historically, Nov, Dec, and Jan are the best months for stocks and everyone knows how bad Oct can be. I think that many viewed today's dip as the last chance to get these stocks at low prices. <<

Unfortunately I doubt that today was the last chance for bargains. Volatility will continue for a while. Historically, November can often present buying ops up to Thanksgiving, but the year end rally usually begins after that.

In down markets, unprofitable biotechs usually do poorly.