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

To: Russian Bear who wrote (14131)2/3/1998 4:37:00 PM
From: SnowShredder  Read Replies (1) | Respond to of 32384
 
off topic

I'm new @ this game but I jus wanted to confirm my knowledge. What happens if one can't answer a margin call?

Thanks for all of your help

Where'd He Go?



To: Russian Bear who wrote (14131)2/3/1998 4:43:00 PM
From: tonyt  Read Replies (2) | Respond to of 32384
 
> Ligand warrants are now a truly remarkable bargain.

Yesterday someone else said that LGNDW was a bargain at $6.
In one day, LGNDW has dropped 20% -- Looks like something is going on.

--Tony



To: Russian Bear who wrote (14131)2/3/1998 6:41:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 32384
 
What are the restrictions on LGNDW? Does one have to hold them ;
when do they expire. Why would they dump the warrants when they could convert them to LGNG stock and sell that?

Whoever has the patience to answer this question (which is from a novice) Thanks I'm truly baffled why the stock would go up today while the warrants get killed ~ 20%

John


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