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


To: shasta23 who wrote (24381)8/11/1998 6:21:00 PM
From: Steve Tauscher  Read Replies (1) | Respond to of 32384
 
Does anyone have a link for calculating the B-S price of a warrant/option? Interested in doing a calculation on LGNDW.

Thanks in advance.
Steve Tauscher



To: shasta23 who wrote (24381)8/11/1998 6:22:00 PM
From: jayhawk969  Respond to of 32384
 
Stefan,

Its interesting that the prior two days it appeared they were trying to bring up the price at the close. If we all buy a lot of puts it force their hand.



To: shasta23 who wrote (24381)8/11/1998 6:53:00 PM
From: Hippieslayer  Respond to of 32384
 
I honestly don't know if it's going to five though there is nothing that can stop it from getting there. I mentioned 5 cuz that's the cut off that most brokers use to allow a short sale on a stock.
Like I said, most biotechs that have no earnings have a false foundation to them, including ligand. There is no reason that ligand could not see 5. Do I think it woudl be a screaming deal at that level? Yes.