$heff's $tation of $tocks & $olid DD

[$heff]

Alert..bought LGND here today at $17.20 on this down day here. PDUFA date upcoming on Nov 30th. http://bit.ly/Rfo1Qy . This is priority review so I am expecting an approval the first week of November. This stock has 19.9m shares o/s and only 14.6m in the float. Will provide a comprehensive DD post this evening. Should be a solid catalyst play over the next month.

-Cantor believes that two data releases and the PDUFA for Ligand's HCV treatment, Promacta, should drive the stock in coming months. The firm is optimistic about the approval of Promacta in HCV and maintains a $22 target and Buy rating on the stock http://yhoo.it/R97UAB