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


To: Henry Niman who wrote (14151)2/3/1998 5:30:00 PM
From: B.D.  Read Replies (3) | Respond to of 32384
 
Henry, let's see if I got this straight.

a) Farallon still probably holds over 1 million LGNDW's, right?
b) And it looks like they dumped over 200,000 today, right?
c) Will they continue to dump their LGNDW holdings, or does it make more sense for them to hold on to them until LGND hits 20+?
d) If they continue to dump, couldn't LGNDW drop to 4 or even lower?

Before I spring and grab more LGNDW's I wanted to do a reality check with everyone here. Seems to me like it's time to "back up the truck", as Peter Lynch would say.