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

To: tonyt who wrote (18991)4/13/1998 7:49:00 PM
From: Mudcat  Read Replies (2) | Respond to of 32384
 
If you use LGND's history as a way to predict the future, then it still has a ways to drift downward so that when the NDA is announced it can skyrocket a point or two and many on the thread can celebrate and talk about the big move. However the big move will only push it up to the same level we see every few months. It appreas the only way to make money on this stock is to buy around 12-14 and then sell around 15-16. It is very predictable.



To: tonyt who wrote (18991)4/13/1998 8:12:00 PM
From: shasta23  Read Replies (1) | Respond to of 32384
 
Since i was a Beginner a year ago i didn't realize the trading potential of this stock which becomes clearer and clearer to me.
BUT i also believe in their science and that makes me think that the split approach with a trading and a holding position is the most logical.

stefan


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