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Biotech / Medical : Ligand (LGND) Breakout!
LGND 205.55-1.3%Nov 12 3:59 PM EST

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To: terry l. severson who wrote (28922)6/26/1999 2:41:00 AM
From: Cheryl Galt  Read Replies (1) of 32384
 
Re: News releases and warrants volumes

Terry, at about 3PM you stumped Skeeter by asking
"Will the Targretin news today finally get the prices moving upward?"

I'm curious. How did you know about the Targretin news at 3:08 PM EST?
What news service do you use?

(Business Wire (Yahoo) released the news at 5:25PM EST, On Go2Net the BW release was at 5:40, and Reuters at 6:29.)
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Interesting warrant volumes the last two days:

June 24 LGND 3/4M --- LGNDW 22,000
June 25 LGND 1/2M --- LGNDW only 2000

During these days of heavy institutional buying ...
Interpretation anyone?
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