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


To: Russian Bear who wrote (13856)1/29/1998 10:42:00 AM
From: celeryroot.com  Respond to of 32384
 
I think(not sure) you can short the stock if you own the warrants, as they are exercisable at any time and have it considered "against the box." With the new tax laws the only reason you would short against the box is to maintain your long term position and/or to move the tax burdon to the following year.