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


To: John O'Neill who wrote (18730)4/6/1998 10:42:00 PM
From: Machaon  Respond to of 32384
 
<< Do you think it was clear enough about SERMs, etc. to have positive affect on LGND? >>

It was VERY clear about "2nd generation" SERMs in development. There was a big emphasis towards the newer SERMs with less side effects.

Price wise? I don't know. I am one of the worst ones, for predicting price movement. The biotech sector took a little drubbing today. Perhaps it will continue tomorrow?!

I'm hoping that LGND gets back to $16 this week. It would surprise me if it didn't.

But, nothing seems to want to push LGND above that $16 barrier. I guess we are going to have to wait for a significant event.

Long term...... I really like our chances for significant appreciation, but it might take a while.

Regards, Bob