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


To: WTDEC who wrote (16123)3/1/1998 8:40:00 AM
From: tonyt  Respond to of 32384
 
Sorry, I had thought you stated 'when', not 'is'. I believe we were discussing if LGND is primed for a run ala DELL, if so, not for awhile (would DELL be at $140, up over $100 in a year if they were still testing their product?) There will be many opportunities to buy LGND before (if?) they're primed for a DELL-like run.

Now, if you're talking about short term, LGND did well friday, but is having trouble breaking $15. If it does continue upward, hitting $18 again is possible, but it could also sit in this range for awhile ('dead money').

RE: DELL, well, I don't see much more upside with this one, and wouldn't but it now, but I wouldn't short it now either.