Well I'm glad to see that in 2 short days my position has gone from in the red to in the green and the stock has made a nice 2 day run from $1.65 to over $2.10.

I didn't think they would drop it that low as I started to nibble at $2.01 and averaged down. Figured it would just poke its head under 2 bucks for a day or two and then race back up to at least the 50dayMA of $2.20. IMO stock should be above $3 based on fundamentals. Right now have to go by techincals so $2.20 will be the next short term resistence followed by $2.67 which is the 200dayMA. I think they have a fairy nice longer term future ahead of them and Ligand will make for a good investment under $3. With time news will flow regarding more milestones and approvals and with each one profits will be added to the bottom line.

Nobody here seems to know what happened to/with DARA?