% | $
Quotes you view appear here for quick access.

Ligand Pharmaceuticals Incorporated Message Board

  • sandyeggojake sandyeggojake Dec 19, 2012 2:20 PM Flag

    TA $LGND 11/19 Another 52wk high.

    Sweetest phase a long stock investor can hear. That is other than news of a cash buyout at a massive premium to your basis.

    Classic action following the P&F chart buy trigger. What is there to say other than the trend is your friend?

    Buy those dips and key support levels before the trapped shorts can to cover. Watching the key fib extensions which are well north of here.

    We are still holding all our core and allotted trading tranches. Even if you are a long time holder with a lose, consider taking such LT cap gain loss in 2013 when the tax value of the offset will be higher. (Not meant to be tax advice / speak with your own advisor / blah blah blah).

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I like the deep in the money calls here. I bought some May $15s this morning and the premium that I paid (which was small) was almost totally covered in an hour or two.

      I still don't see any near term reason for the stock to appreciate significantly since it's still going to take time for revenues to ramp up significantly, but obviously this run has been great and I will be adding on the dips!

103.83+0.42(+0.41%)3:40 PMEDT