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

To: Andrew H who wrote (11650)	11/24/1997 8:45:00 PM
From: shasta23	Read Replies (1) \| Respond to of 32384

Just for the record of all the long term holders in this stock(incl me): The stock started this year with 15.625 and despite the recent correction/bearmarket the indeces are still trading way above their January level. LGND(otoh) now trades at 13 1/8. Let's see if we can make a break-even year? I guess you gotta see LGND as a real long term investment.maybe $20 in 2000? The price development is sick. Maybe that's why it's so quiet here tonite. Nobody thought that the stock could break down any further? Well it did...next support is around 11 5/8 btw! Everybody's feeling better now...well we have always the fundamentals to make us feel better, don't we. Any more publication to cheer us up or other good news. But then again it might drive the stock down further...why not some bad news. reverse ju-ju!! Stefan