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Biotech / Medical : Ligand (LGND) Breakout!
LGND 188.97-0.6%Dec 31 3:59 PM EST

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To: tuck who wrote (18429)4/6/1998 3:07:00 PM
From: tuck   of 32384
 
Thread,

The stock seems to be enjoying a little intraday support around the 15.5 level, but I am no TA expert. With this dip I took the opportunity to finish legging into a put bull spread on LGND. I don't like the look of the overall market or Ligand's technicals, but I do think there is fundamental support for the price near these levels, and that any positive news should bump the stock a ways. In any case, I have once again put my money where my mouth is. Gulp. I hope the third time's the charm.

Thanks to all who use the off topic signal. Back to lurking.

Good Luck to traders and holders alike, Tuck
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