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


To: Mudcat who wrote (28238)2/18/1999 11:21:00 AM
From: Roland Batson  Respond to of 32384
 
Yes, Mudcat, you may be correct. But wasn't that the point? The news? It was out. And thus we recognized an inevitable price decline.

But now! We have more news, this with a different slant, and thus a further validation of an obvious and predictable trend.

BTW, I just checked and believe it was a good thing I lowered my GTC buy at 11.125 to 10.125 as it looks like we've seen the 11 1/16 filled. I own enough shares in this range and below and don't care to add to my LT core holding if this trend is to continue to year end. There were a couple of nice plays recently, but the Hippie may be right, this news just might be GOOD - if anyone continues to wish to take a single digit LT hold position.

Greg, sorry for the confusion, although as I recall you sounded like a person trading and profiting in LGNDs trends.

Roland