Ligand Pharmaceuticals Stock Discussion

Ligand Pharmaceuticals' key financial indicators are inconsistent, raising questions about the sustainability of its current share price momentum. The company's low ROE and declining net income, along with shrinking earnings despite retaining all profits, suggest potential issues with its business operations or capital allocation.

$Viking Therapeutics (VKTX.US)$skyrocketed 77% after positive drug trial news Tuesday, leading to what proved to be a strong morning for pharmaceutical stocks.
Here are some top stocks in the sector climbing on drug trial and earnings news:
$Janux Therapeutics (JANX.US)$shares shot up 205% to $36.00 after the company announced updated clinical data for both of its clinical programs, reaching over $1.50B in market cap.
$Ligand Pharmaceuticals (LGND.US)$gained 23%...

Insider selling at Ligand Pharmaceuticals, particularly at current share price, raises caution. Modest insider ownership indicates some alignment with shareholders, but lack of recent insider transactions doesn't raise immediate concerns.

Ligand Pharmaceuticals' high P/E ratio may be plausible with outstanding growth. Its promising future earnings outlook may prevent investors from selling stocks. Unless earnings decline, the current P/E ratio could support the share price.

Soticlestat's potential in treating Lennox-Gastaut and Dravet syndromes is backed by Ovid and Ligand's deal. Ligand sees the deal aligning with its strategy of investing in solutions answering high unmet needs, promising high-margin growth for its investors.

I made a list of 34 securities on January 1st. As of 6/29/21 only two had lost any money per share. And the average % increase is very high.
I'd say I was just lucky but No, thats definitely not it. Because I invested in ONLY TWO stocks on that list. REI & QFIN. Anything I touch, on these retail brokerage apps, usually has the life sucked out of it.
There were bad vibes affecting me, and I'm certain I was targeted by an entitiy/a gang of cyber ruffians who were siphoning money through these apps (No blame placed on the apps themselves) and Identity being stolen (true story).
I wasn't trusting anyone but myself. I closed all my positions on this app and another & withdrew the cash.
So I made the list, in a notebook. I entered most of it in a spread sheet last night, and whatdya know? I do have incredible insight (mixed with luck).
I decided a while ago that I would never let anything or anyone discourage me enough to quit at playing the market. I decided that I eventually will make a lotttt of money through the market. Yes, I decided. It's just a matter of when.
There's manipulation and scamming in every direction you turn in, which is something you inevitablely have to conquer. I'll be getting my shit in gear starting this month.
You may or may not hear about it, but it will begin soon.
#WheelChair never died
#Jan, Alexis, & McD were who I thought they were. We were...