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

To: Machaon who wrote (14219)2/4/1998 1:46:00 PM
From: tonyt  Read Replies (1) | Respond to of 32384
 
> Are you saying that LGNDW is not a good investment because, during one day of
> trading, it dropped 20% and LGND went up 1/8th? Does that make it a
> bad investment, regardless of the fundamentals?

Any secutity that can be so easily manupulated regardless of the fundamentals is a bad investment. If you think the warrants are a good investment at $6, fine, I don't. If someone must own Ligand, I see no compelling reason to buy the warrants at $6 when the stock can be bought at 11 1/4.



To: Machaon who wrote (14219)2/5/1998 1:27:00 AM
From: Andrew H  Read Replies (3) | Respond to of 32384
 
>>Perhaps you could learn something from him and put a little more substance in your posts.<<

Ever hear the phrase "you can't squeeze blood from a turnip?"


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