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

To: Machaon who wrote (26579)11/17/1998 3:32:00 PM
From: Mudcat  Respond to of 32384
 
<<< ... anyone else expect approximately $20MM in milestones and/or other income >>>

Well Lgnd said the bulk of the revenues would be pushed into the 3rd and 4th Q, since they didn't hit in the 3Q we "should" expect even more to hit in 4Q. This is all assuming that Lgnd was telling the truth in the first place and not continuing to hype and then be wrong when the time to put up or shut up comes along like our friend Henry.



To: Machaon who wrote (26579)11/17/1998 3:40:00 PM
From: bob zagorin  Read Replies (1) | Respond to of 32384
 
someone posted they see a head and shoulders top. i disagree.

the sep low (closing) was around 6; the high around 11.5
oct. low about 7; high about 12+
now we have a nov. retrenchment to around 10. if the stock moves up to above oct. high, we will continue the rebuilding pattern of higher lows and higher highs.

might also note that BOP telegraphed this correction showing red for last week or so.


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