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

To: Henry Niman who wrote (24408)	8/12/1998 11:10:00 AM
From: celeryroot.com	Read Replies (1) \| Respond to of 32384

Henry what makes you think Farralon is selling???

To: Henry Niman who wrote (24408)	8/12/1998 11:33:00 AM
From: growthvalue	Read Replies (2) \| Respond to of 32384

Henry - Fundamentals trump arbitrageurs any day. If LGND cured cancer tomorrow, Farallon would have little to say about it. Stop trying to justify the stock action as positive!!! Or that somehow circumstances are somehow CONSPIRING against LGND. This is ridiculous. Dont get me wrong, I think the price weakness is a great opportunity. But this cloak and dagger talk of big boys and MMs are playing retail for suckers and want to push the price as low as possible and then "take us to nirvana" as someone else put it is as ridiculous any of the posts you are always complaining about. You have absolutely no idea what you're talking about. This nonsense really hurts the credibility of your interpretation of LGND's science. The fact that it's "just your opinion" doesn't mean it isn't ridiculous either. It's very clear that you are incredibly impatient and/or nervous searching for the reason that LGND isn't taking off like a rocket ship - probably because a substantial amount of your net worth (and retirement plans) are tied up in this stock. But you are wrong about the stock price action and you will continue to be wrong. The big move isn't coming until the market sees significant evidence of the sales potential of oral Targretin OR LGND gets some statistically significant home run results in type II diabetes. Look at the long term performance ANY other biotech, and you'd realize this.