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


To: Russian Bear who wrote (13465)1/18/1998 11:53:00 PM
From: Russian Bear  Read Replies (1) | Respond to of 32384
 
Actually, I just realized that I made a silly mistake in the previous post: In order to lock in the $2, or so, time premium per warrant, the boxed position would need to be long LGND / short LGNDW, not vice-versa. All that would be accomplished the other way is a guaranteed decay of the entire time premium, should the position be held to 06/2000.

So much for my deep thinking and number crunching ;-) Oops.

RB