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


To: shasta23 who wrote (22480)6/18/1998 2:02:00 PM
From: jayhawk969  Read Replies (1) | Respond to of 32384
 
It sounds reasonable to me. The market read that the dilution effect was equivalent to the gain in the original announcement,hence no rise in stock price. Now we are obligated to a dilution and possibly have no product. Until this is clarified a drop in stock price is justified.