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


To: tonyt who wrote (11712)11/25/1997 9:41:00 PM
From: Zeuspaul  Read Replies (1) | Respond to of 32384
 
I remembered your post because it was the first time that I remember you indicating that you might be a buyer as you have always been so pessimistic about the price. Then in the next post when you indicated that you would be a buyer at 14 I found it even more strange. Things seam to be back to normal now however.



To: tonyt who wrote (11712)11/25/1997 10:15:00 PM
From: Zeuspaul  Respond to of 32384
 
Tonyt, >>So, where do see support?<< I see a possible bottom of 11 1/4 based on the April 22 low and my long term trend lines and offsets. I am convinced that I cannot pick a bottom however and most other investors will also not be able to pick the bottom. I believe we are close and that 12 is a much better gamble than 10 as you might miss the upside completely if you wait for 10. Do you plan on taking a position at 10 or are you shorting now and getting out at 10?