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


To: Proton who wrote (11705)11/25/1997 8:26:00 PM
From: tonyt  Read Replies (1) | Respond to of 32384
 
> I'd be most curious to know whether tonyt can envision a scenario where he
> is bullish on LGND

I'd be a buyer at $10 (and a seller at $16) Believe it or not, it is realistic to set exit points.

> My suspicion of anyone who does not provide either a real name or an
> e-mail address is even greater than the skepticsm I hold for internet posters generally

Providing a name to the SI profile is easy, how do you propose that we verify it? 'Real' people and 'real' companies with 'real' addresses have seperated people from 'real' money

> On the recent price action, tonyt has been RIGHT

Thanks. Yours is the first post to agree (I think) that the recent trading activity has been has had a bias towards selling. I'm sure you'll agree that the price of a stock does not drop with 25k buys. The lack of support at 13 3/4's was very also significant. And the drop has also occured in an UP market (not a good sign).



To: Proton who wrote (11705)11/25/1997 8:31:00 PM
From: Zeuspaul  Read Replies (1) | Respond to of 32384
 
When is the new stock in the hands of the new owners and available to trade?



To: Proton who wrote (11705)11/25/1997 9:04:00 PM
From: Zeuspaul  Read Replies (3) | Respond to of 32384
 
>>On the recent price action, tonyt has been RIGHT <<

not exactly

exchange2000.com

If the market doesn't turn around next week, where is the next support level? (is it 14?)
If it breaks 14, it might be a good buy-in point for a short-term pop, although now that all the 'news' is behind LGND, that might be questionable. Looks like even TD is out.

--Tony

exchange2000.com

> .......these buying opportunities do get a bit tiring

Has anyone here discussed buy/sell points? It seems that a stratagy of selling above 16 and buying at 14 would make sense.

exchange2000.com

I'd be a buyer at $10