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

To: tonyt who wrote (12863)12/28/1997 10:41:00 AM
From: Hippieslayer  Respond to of 32384
 
Good points, tony. Though it doesn't really make any bit of difference now, the selling at 15 may have been done for a whole host of reasons that may not play out when the stock gets back up to that level. We'll have to wait and see. As for the fair value of lgnd, I'd say the present price is exactly where it should be. Once LGND's story finally imbeds itself into the powers that be on Wall St., I think the stockholders of LGND will be rewarded handsomely. Until then, patience will have to be endured.

Have a happy New Year.

Fugazi.

BTW Tony,
Do you think all the wine that was bought in anticipations of LGND's moonshot has turned to vinegar?



To: tonyt who wrote (12863)12/28/1997 3:58:00 PM
From: John Rowton  Respond to of 32384
 
Good post, every year I buy around here and sell at 15. I am one of
those people, I then use the profits to establish a long term position.
I bought again and will sell 80 % at 15 this year and the other 20%
I will keep. I have a nice position in lgnd now and it is free. It
should hit 15 sometime between now and april or may.


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