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riskanalyst

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riskanalyst

Re: riskanalyst post# 4063

Friday, 09/30/2005 12:25:08 PM

Friday, September 30, 2005 12:25:08 PM

Post# of 33753
LGND.PK - the company has approx. 30 days to refile for their NASDAQ listing, since they are restating financials. Deadline I believe is around Nov 2. A dissident shareholder (Daniel Loeb) from Third Point, has stated they want company to start looking at alternatives to enhance shareholder value. A letter was filed w/ the SEC. He states company is valued at min of $14 worst case. Stock now up to $9.15 + 4% today, I got in last month around $7.80.
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