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Message Boards Settings Ligand Pharmaceuticals Inc. (LGND) - Quote Info
Re: Talked to LGND IR re: DARA      6-Nov-09 06:38 pm    
"Perhaps something is real close and they are expecting a nice upfront milestone payment"

I suspect this too. In their quarterly update, they refer to the Neurogen merger as a sure thing...no mention of the fact that at current share prices, Neurogen would terminate the merger because of the 4.2M share cap (4.2Mx$2 = $8.4M, only slightly more than cash). The fact that they seem completely unconcerned makes me think there will be a major event to drive up the Ligand stock price in the next 2 months so the merger can easily proceed.

Otherwise they are just going to dilute their stock price into the ground, especially if they waive the share cap.
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markak1515

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There is interest and there are ongoing discussions on ...
long_vrts2 6-Nov-09 02:16 pm  
 
>>There is interest and there are ongoing discussi...
xxxhemexxx 6-Nov-09 02:40 pm  
 
good point, I may add, that they simple may l...
tania11368 Rate it 6-Nov-09 05:12 pm  
 
Re: Talked to LGND IR re: DARA
markak1515 Not rated 6-Nov-09 06:38 pm  
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Ligand Pharmaceuticals Inc. (LGND)

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