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

To: Torben Noerup Nielsen who wrote (25760)	9/24/1998 11:11:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 32384

torben, most investors are lemmings - especially the big boys. thry play hot potato and hate a stock at $5 and then love it at $20 b/c everyone else does. i've seen that too many times. one example is james cramer. he hated ascend in the low $20s and loved it a few months later in the $40s. what a dope. but, that is their game. this upgrade with very little, if any, new news is just a confidence builder. then, the real news, was given at the conference, lgnd is looking to prevent share dillution. lgnd has bounced back nicely, though my other bios are still very, very depressed. jmho.