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


To: tonyt who wrote (11679)11/25/1997 12:37:00 PM
From: Alper H.YUKSEL  Read Replies (1) | Respond to of 32384
 
Tonyt, are you a shareholder ? The reason I ask is that I find your recent mails are different in its tone. You almost sound sorry for LGND's current price.

Volume has already topped 117,000 and we seem to have found some resistance. I am deeply margined and am about to get a margin call. Pity that I won't be able to lay my hands on some cash for another one and a half months. I believe that the current level of 12 7/8 is outrageous, considering that 12 was a base formed before many of the clinical results were disclosed, and the LLY partnership formed. By the time I can make new purchases, the price will probably be higher.

I don't believe that we'll test lower than 12. (Then again, I didn't believe we'd see lower than 13, hence my margin position)

Alper