Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Arthur Radley who wrote (27716)	1/29/1999 10:20:00 PM
From: RXGOLF	Read Replies (2) \| Respond to of 32384

Off Topic: Does it seem that there are traders here that are a bit cranky? Gee, this stock has went from $5.75 on 8/31/98 to 12.875 on 1/29/99. When I do the math, that is %100 plus gain in aprox 5 months. Regardless of what this stock has done before 8/31/98, or what it does after 1/29/99, this stock has been a stellar performer for the last 5 months. Also, this company IS on the brink of its first drug going to the marketplace. I believe this may be the primary target Ligand has had its sights on since its inception, bringing drugs to market. Yea, yea, I know there is no approval yet! But I also know there will be an approval relatively soon. To recap: 1.More than a %100 price appreciation for those traders that were on there game when LGND hit 5.75 in very late August.(and it is not LGND.com)(whoa,would that mean in dollars, $100,000 in LGND on 8/31/98 would now be worth $223,913?) 2.First approval right around the corner What gives with all the sad faces? See ya TD, Greg PS: Wish I could help with the TA, but I'm not your man. I do know that a few days ago a friends high powered TA program was calling LGND a strong buy. I know that is little help now, but FWIW.