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Biotech / Medical : Ligand (LGND) Breakout!
LGND 181.45-2.4%3:59 PM EST

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To: Henry Niman who wrote (431)1/7/1997 2:28:00 PM
From: eddie r gammon   of 32384
 
Henry: It could get interesting from here to closing time. I notice the bid and ask has squezed down to 16 7/8 to 17 and all the trades are going off at 17.
Just before it started some poor person must have put a market order in, because the transaction went off at 16 5/8 (4500 shares I think)
I would like to caution all that are not well versed in the market (not that I am) NEVER PUT A MARKET ORDER IN. If you want the stock, then put it in at the ask,if you dont get it then raise your ask.
Never put it in at market.

good luck
erg
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