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


To: Mudcat who wrote (28172)2/10/1999 10:40:00 PM
From: RXGOLF  Read Replies (1) | Respond to of 32384
 
<<I think if earnings come out worse than expected (which I expect), we could see the stock drop back down to the 11 area again.>>

<<Greg, I'm not sure where you got the idea that I was shorting the stock, but stop spreading these false rumors>>

I got the idea from your post saying you expected earnings to be worse than expected, and because of this you made the prediction of LGND possibly going back to the 11 area again. Therefore, thinking that many investors short stocks that they think are going to come out with disappointing numbers that would drive the price down, I obviously mistakenly thought you might put money, where you would make money if correct on the upcoming earnings.

Excuse me for trying to deduct normal investor reasoning from your post!

So are you adding to your long position since you think LGND is going back to the 11 area?