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

To: Andrew H who wrote (14139)2/3/1998 4:54:00 PM
From: tonyt  Respond to of 32384
 
>>tonyt, It's not very hazardous to catch a falling piece of cake. Bernie<<

> Bernie, a blind man cannot tell the difference between a falling knife and a falling
> piece of cake until the knife pierces him. (:>)

Only a blind man (or someone with rose-colored glasses) would have missed this decline coming. This decline was obvious -- "It was walking right up 6th Avenue" -- All one had to do was watch the volume and big-block activity ("sells") to not get hurt.

I truly feel sorry for holders of LGNDW who saw 20% of there worth today evaporate even though the underlying stock closed up over 1/8th.

Its obvious now even to a blind man (as you referred to me) that there will be no quick recovery for Ligand. Looks like even the traders are now investors.

Good luck,
--Tony



To: Andrew H who wrote (14139)2/3/1998 8:58:00 PM
From: Flagrante Delictu  Read Replies (1) | Respond to of 32384
 
Andy,>> blind man telling the difference between a knife & a piece of cake<< When he orders dessert, he can tell the difference before the knife pierces him. Bernie.


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