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: cyberman who wrote (27832)	2/4/1999 12:29:00 PM
From: Henry Niman	Read Replies (1) \| Respond to of 32384

your post! LGND's up 1/2! and NASDAQ is down 48!

To: cyberman who wrote (27832)	2/4/1999 12:29:00 PM
From: B.D.	Read Replies (1) \| Respond to of 32384

>>What type of news would propel this stock upwards more than 1/8?<< Oh, how about profits, being acquired for a big valuation, major deals with other pharms, to name but three.

To: cyberman who wrote (27832)	2/4/1999 12:31:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 32384

jmo but, if you look at a chart since last fall, you'll see lgnd in a steady uptrend with higher low and higer highs. my guess is this news (and ontak to come any day) will keep this steady uptrend going. most of the people following this stock, i think, know it pretty well. when it gets overhyped, it sets itself up for disappointment and a fall. i like this mode better. specifically, results on targretin later this year could pop the stock but i just think it willcontinue to move up as it gets closer and closer to becoming a cash flow positive drug co. tht should happen by the end of year. fwiw.